Feeds

Europe approves HP purchase of EDS

Shareholder lawsuits settled

Next gen security for virtualised datacentres

In brief Hewlett-Packard has received the blessings of the European Commission to swallow the computer service giant Electronic Data Systems (EDS) without regulatory fuss.

It's also stuffed enough money into the mouths of naysaying investors to get the planned $13.9bn acquisition ready for a shareholder vote. In addition to an EU green light, HP says it has settled the five stockholder lawsuits filed after the massive services merger was announced.

As a part of the deal, HP and EDS have agreed not to close the merger before August 18, 2008. That leaves the EDS third quarter earnings dividend of 5 cents per share amongst its shareholders.

The acquisition has already passed the US regulatory waiting period without a request for further information by the US Justice Department and Federal Trade Commission.

That leaves a few other jurisdictions where HP does business that still need to pass regulatory scrutiny, but it looks like a pretty clear shot to the EDS shareholder voting booth on July 31. ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
No, thank you. I will not code for the Caliphate
Some assignments, even the Bongster decline must
Kaspersky backpedals on 'done nothing wrong, nothing to fear' blather
Founder (and internet passport fan) now says privacy is precious
TROLL SLAYER Google grabs $1.3 MEEELLION in patent counter-suit
Chocolate Factory hits back at firm for suing customers
Mozilla's 'Tiles' ads debut in new Firefox nightlies
You can try turning them off and on again
Sit tight, fanbois. Apple's '$400' wearable release slips into early 2015
Sources: time to put in plenty of clock-watching for' iWatch
Facebook to let stalkers unearth buried posts with mobe search
Prepare to HAUNT your pal's back catalogue
prev story

Whitepapers

Endpoint data privacy in the cloud is easier than you think
Innovations in encryption and storage resolve issues of data privacy and key requirements for companies to look for in a solution.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Advanced data protection for your virtualized environments
Find a natural fit for optimizing protection for the often resource-constrained data protection process found in virtual environments.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.