In 2008, HP (now part of the newly split-off HPE) bought Electronic Data Systems (EDS) for $13.9 billion, a massive amount for what at the time was one of the biggest IT services players in the market space, behind IBM. This was whilst HP’s services division languished in fifth place, behind both Accenture and Fujitsu.
TVP Tag Archives
Rumors Are Afoot: Is the Dell/EMC Merger Starting to Unravel?
It has been an interesting time to be living in the IT world. The ripples and ructions caused by the Dell/EMC merger have quashed almost every other conversation. This is the biggest take-private merger transaction for a tech company ever, dwarfed only by the $106 billion Time Warner/AOL deal in 2006.
Dell and EMC: A Marriage Made in Heaven or a Match Made in Hell?
Over the last couple of days there has been an ever-increasing rumble that Dell is going to make an offer for EMC. But how is this any different from the much-rumbled-about HP/EMC merger of last year?
Is a Privatized Citrix in the Cards?
Elliott Management has a plan for Citrix. Shake out sales and marketing, sell GoTo and NetScaler, dump the dead wood, and shut down all blue-sky research. There has been no response yet from Citrix beyond a brief note to say “we’ll get back to you on that,” but you can bet that CEO Mark Templeton …
Citrix’s Future under Threat from Elliott Management
Activist hedge fund Elliott Management is shaking things up at Citrix Systems after disclosing a 7.1% stake in the company and offering a plan to create a leaner, meaner Citrix, citing the need for change following “years of layered complexity and expenses.”
Nokia and Alcatel-Lucent Announce Potential Engagement
Who knew Nokia was still a thing, after Microsoft bought it? Well, as it turns out, Microsoft only bought the Devices and Services division. Nokia still has a number of other divisions, including NSN (the network infrastructure division), HERE (maps and location-based services), and Advanced Technologies (a licensing and development arm). Microsoft has been paying …
Continue reading “Nokia and Alcatel-Lucent Announce Potential Engagement”