Stories about: EDS

While most eyes are still on stopping the bleed on Wall Street, smart tech companies will likely take a page out of Warren Buffet's playbook by looking for merger and acquisition opportunities with stocks at multi-year lows.

Expanding Linux adoption beyond key vertical markets is an important driver for Red Hat's growth, which remains steady even as one of its strongest customer sectors, financial services, is getting hit hard by the U.S. crisis, the company's CEO, Jim Whitehurst, said Tuesday.

The days of referring to the leading management software vendors as the "big four" are numbered, industry watchers predict, as challengers to BMC, CA, HP and IBM now include a variety of competitors from starts-up to software giants such as Microsoft and Oracle.

Microsoft has been busy this year, rolling out Windows Server 2008 and SQL Server 2008 in a push to expand its presence in the corporate data center. To be successful, the company must overcome an economic environment that appears increasingly difficult as well as tough competition from rivals Oracle and VMware, among others

HP's announcement this week that it would cut thousands of jobs as it digests EDS' IT services business didn't come as a total surprise to industry watchers, but the company's integration plan did raise eyebrows.

Hewlett-Packard will lay off about 24,600 employees over the next three years in an effort to streamline the company following its US$13.9 billion acquisition of Electronic Data Systems last month, the company announced Monday.

As companies look to economize in a weak economy worsened by rising energy costs, it may be more tempting than ever to consider outsourcing your IT -- whether to a cloud-based provider, to a shop in your town, or to a provider in some far-off land. Certainly, outsourcing has worked well for many companies, but it can also lead to business-damaging nightmares, says Larry Harding, founder and president of High Street Partners, a global consultancy that advises company on how to expand overseas. After all, if outsourcers fail, you're left holding the bag without the resources to fix the problem.

Hewlett-Packard's acquisition of Electronic Data Systems (EDS), is now expected to close sometime between mid-August and the end of September.

A consortium led by Chandler MacLeod Group (ASX:CMG), and which includes EDS, has been awarded a $25 million contract from the Australian Defence Force.

Andrew Maddox is still using the first generation of Apple's iPhone, but he wasted no time this week in getting his business e-mail pushed to the device.

Dell on Wednesday announced it was adding customizable storage and disaster management services to build out its services portfolio, which it began revamping last year.