A little over a year ago, HP (NYSE:HPQ) announced plans to buy IT consulting and outsourcing giant EDS. But storm clouds were gathering in the form of the worst economic downturn that many believe the U.S. has seen since the Great Depression. That environment has made the payoff for the HP/EDS deal lower than first imagined. And now Dell (NASDAQ: DELL), looking to shore up its own services organization in the wake of hardware commoditization, has announced plans to acquire IT consulting firm Perot Systems (NYSE:PER).
By Jessica Davis