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Last updated: 14:12:14 Saturday Sep 27, 2008


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IT Service



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  • Computer Sciences Corp 5
  • EDS 8
  • Infosys Technologies 40
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  • HP to cut 24,600 jobs as part of EDS integration
    SAN FRANCISCO - Hewlett-Packard Co. said Monday it plans to slash 24,600 jobs over the next three years, nearly 8 percent of its work force, as it combines operations with Electronic Data Systems Corp., the technology-services company it recently acquired.   Nations:U.S.   People:Mark Hurd   Source:(AP)   2008-09-15

    HP to buy EDS for about $12.6 billion in cash
    Hewlett-Packard Co. is buying Electronic Data Systems Corp. for $12.6 billion in a deal that will create the second largest technology services provider behind IBM.   People:Mark Hurd Michael Jordan   2008-05-13

    HP in talks to buy EDS to compete with IBM
    Hewlett-Packard Co (HPQ.N) is in talks to buy technology outsourcing company Electronic Data Systems Corp (EDS.N) for $12 billion to $13 billion in a deal which would vault it to a close second to IBM in technology services.   People:Mark Hurd   2008-05-12

    Asian IT services market to hit 56 billion dollars by 2011
    Asia's IT services market, led by India, is poised to expand at an average annual pace of 10.5 percent to reach 55.9 billion dollars by 2011, an industry research firm said on Tuesday.   Nations:India Australia China Japan Singapore Morocco   2008-03-26

    India software giants wary of US slowdown
    India's major software firms say a US economic slowdown may bring more customers seeking cost savings, but analysts warn that the once red-hot sector faces tough times in 2008.   Nations:India U.S.   2008-01-20

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