FACTBOX: Hewlett-Packard in talks to buy rival EDS

Mon May 12, 2008 7:29pm EDT
 
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SAN FRANCISCO (Reuters) - Hewlett-Packard Co (HPQ.N: Quote, Profile, Research, Stock Buzz) is in talks to buy technology outsourcing company Electronic Data Systems Corp (EDS.N: Quote, Profile, Research, Stock Buzz) for $12 billion to $13 billion in a deal that would vault it to a close second to IBM in technology services.

Below are annual revenue and computer services revenue figures for IBM, HP, and EDS:

F2007 F2006

HP total revs $104.3 billion $91.7 billion

IBM total revs $98.8 billion $91.4 billion

EDS total revs $22.1 billion $21.3 billion

F2007 Market share F2006 Pct growth

IBM services revs $54.1 billion 7.2 $48.2 billion 12.2

HP+EDS services $39.4 5.3 $37.4 billion 5.2  Continued...

 

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