Feeds

US regulators lapse into state of approval for HP's EDS buy

Deal receives official 'meh'

Top 5 reasons to deploy VMware with Tegile

US regulators are letting Hewlett-Packard's planned $13.9bn purchase of computer services giant Electronic Data Systems (EDS) go through without much anti-trust fuss.

Both the Department of Justice and Federal Trade Commission have let the required competition law waiting period expire sans any requests for additional information into the matter.

HP's purchase of Texas-based EDS will effectively double its services business. It will also make the company a strong second in the IT services market behind IBM.

So HP looks in good shape stateside, although the acquisition still needs approval from EDS shareholders and overseas regulators. That could be trickier — as Europe has a history of judging major IT company buys with a heavier hand.

EDS investors will have their say regarding the acquisition during a shareholder meeting July 31. If all goes smoothly for HP, it expects to close the purchase in the second half of this year.

We're sure the likes of Sun, Dell and Cisco are happy to see the US give up without a fight. They're all wondering exactly how this acquisition will affect their strong ties to EDS. ®

Beginner's guide to SSL certificates

More from The Register

next story
The 'fun-nification' of computer education – good idea?
Compulsory code schools, luvvies love it, but what about Maths and Physics?
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
Lords take revenge on REVENGE PORN publishers
Jilted Johns and Jennies with busy fingers face two years inside
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Ex-US Navy fighter pilot MIT prof: Drones beat humans - I should know
'Missy' Cummings on UAVs, smartcars and dying from boredom
Yes, yes, Steve Jobs. Look what I'VE done for you lately – Tim Cook
New iPhone biz baron points to Apple's (his) greatest successes
Sysadmin with EBOLA? Gartner's issued advice to debug your biz
Start hoarding cleaning supplies, analyst firm says, and assume your team will scatter
Edward who? GCHQ boss dodges Snowden topic during last speech
UK spies would rather 'walk' than do 'mass surveillance'
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.