Articles about Services Business

The Register breaking news

Unisys splits with CEO McGrath

Enough of that, then. The board of directors at server and services company Unisys has come to the conclusion that Joe McGrath, its president and chief executive officer since 2005, is not the right guy to lead the company forward. And as such, Unisys has begun a search for a new CEO. McGrath agreed to step down effective at …
The Register breaking news

BO buy takes bloom off SAP Q2

SAP weathered the intensifying economic storm to post solid second quarter results this morning that showed the German business software giant beating market expectations. The tricky acquisition and integration of Business Objects depressed net profits 9 per cent compared to a year earlier, at €408m. That's a softer blow than …
The Register breaking news

HP pays $13.9bn for EDS

Updated Hewlett Packard has bought EDS for $13.9bn, doubling its services business at a stroke. The Silicon Valley giant will pay $25 a share for Texas-based EDS, over 25 per cent more than the services firm's shares were trading at when news of the deal first leaked yesterday. It will finance the deal through a combination of cash …
Joe Fay, 13 May 2008
EDS

Deutsche Telekom eyeing up EDS

Deutsche Telekom could make a bid for services giant EDS in a bid to boost its own services business. The two firms have had preliminary talks about a takeover, according to the Financial Times, which cites “people familiar with the situation”. A takeover could see EDS merged into DT’s T-Systems division, with the combined …
Joe Fay, 20 Nov 2007

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