Xerox Buys ACS: Who’s Next in the Hardware Invasion?
Last year, HP bought professional services giant EDS. Last week, Perot Systems was bought by Dell. This week, hardware giant Xerox purchased ACS.
Joe Doherty had this to say about the acquisition: “This deal is game-changing for both companies. It will create a $22 billion global corporation with $17 billion in recurring revenue. It enables ACS [...]
Xerox to Buy ACS for $6.4 Billion
Xerox Inc. has agreed to buy IT services firm Affilliated Computer Services, Inc. for $6.4 billion. The major copier company is following in the footsteps of hardware giants Dell and HP, who recently purchased service companies Perot Systems and EDS, respectively. The new Xerox-ACS firm would boast over $22 billion in annual revenue, and as [...]
EDS’ new name: HP Enterprise Services
In the latest major step in the integration of the two companies, EDS is formally changing its name to HP Enterprise Services. The move serves toemphasize the growing global role of enterprise technology services in HP’s portfolio.
Also, the Technology Solutions Group will be renamed the HP Enterprise Business in an effort to to reflect the [...]
Keane appoints Miller executive VP of European Operations
On Wednesday, IT services firm Keane announced that it has appointed Ian Miller as executive vice president of the company’s European Operations.
Miller comes to Keane from HP, where he served as the director of Application Services. Under his watch, the business improved margins by over 40 percent in less than a year. And when HP [...]
Exclusive Cyber Interview With TNNI: Sam Chun of EDS, HP Company Shares His Thoughts On FISMA, US CyberCom And The Future Of Cybersecurity
Cybersecurity expert at EDS ,an HP Company, Sam Chun, shared his views of FISMA, the new U.S. Cyber Command Center and where he believes the future of cybersecurity lies with TheNewNewInternet. Chun believes FISMA is outdated and inefficient. Lawmakers must begin to audit FISMA through dashboard technologies and also suggests a new ranking system be used during evaluations. EDS, an HP Company will continue…
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Hardware Acquisitions: First EDS, Now Perot Systems…Who’s Next?
This week, hardware firms continued their expansion into the services sector with Dell’s acquisition of Perot Systems. Last year, HP bought EDS, expanding its presence in the federal marketplace. The question on many industry experts’ minds is: who’s next?
The rationale is clear: while HP’s profits fell 19% in the third fiscal quarter ‘09 from 2008’s [...]
EDS wins $8.1 million health IT contract from DoD
On Tuesday, Electronic Data Systems (EDS) announced that it had been awarded a contract by the Department of Defense’s Military Health System (MHS) worth $8.1 million.
The contract, which runs for one year, obligates EDS to upgrade the system in an effort to improve MHS’s Defense Health Information Management Systems network and ultimately improve its service [...]
Indian EDS Subsidiary Acquires AIG’s Indian IT Solutions Business
EDS’s Indian subsidiary, MphasiS, has reached a deal to purchase the India-based IT services and solutions unit of American International Group (AIG). Financial terms were not disclosed.
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DISA Gives EDS $34M Contract
EDS has received a $34 million contract renewal from the U.S. Defense Information Systems Agency (DISA). The company will work with the Harris Information Technology Corporation to supply systems engineering and technical assistance to the DISA Multinational Information Sharing (MNIS) program.
“For the last five years, EDS has provided SETA-type support to DISA, helping the Multinational [...]