Hewlett-Packard (HP), Group information technology largest in the world is near to completing the trade value of U.S. $ 13.9 billion to buy back airline Electronic Data Systems (EDS), a specialist in the field of public technology. This is considered the dynamics increase the "threat" to the position of the service sector information technology of IBM.
Last week HP has just announced results of earnings and profits second quarter higher than expected and may be ready to face the pressure of upcoming services contractor EDS summary. HP said the staff of both HP and EDS are currently 500 people with 500 employees has not officially ready for the merger from the statement month 5 / 2008.
Ron Rittenmeyer, CEO of EDS EDS will operate as a subsidiary of HP after the agreement ended, said the cost reductions are still to open. He said: "HP profound principles for the distribution chain than we do."
Eds is a service provider personal computers second largest in the world. There are 139,000 employment, including 43,000 workers are working in countries with labor costs low. Revenue in 2007 the airline achieved this USD 22.1 billion, higher than 16.6 billion USD of HP. There price of EDS shares at 24.13 USD / shares.

When an agreement is completed, HP will become the service provider technology second largest in the world after IBM. In 2007, these services accounted for U.S. $ 16.6 billion in total revenues 104 billion dollar of HP, IBM only less 54 billion dollars.