Recent Articles
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HP`s Proposed EDS Acquisition Validates IT Services
Two years ago, Hewlett-Packard CEO Mark Hurd announced at his America’s Partner Conference that he wanted to wipe away IBM’s claim as being the world’s largest technology company. HP has not only succeeded in that goal, but is on the verge of blowing it away with the acquisition of Electronic Data Systems, the world’s largest…
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HP close to deal to buy EDS: report
NEW YORK (Reuters) – Hewlett-Packard Co is close to a deal to buy Electronic Data Systems Corp for $12 billion to $13 billion, the Wall Street Journal reported on its Web site on Monday. The news sent EDS shares soaring 28 percent to $24.14 on the New York Stock Exchange. HP shares fell 4.1 percent…
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Distributor Stocks Refurbished Cisco Products
D&H Distributing has announced that it will stock Cisco Certified Refurbished Equipment, making it available for same-day shipping through its partners. The IT distributor said the program is geared toward budget-minded end customers who are looking for Cisco products but may not have the funds to pay for new equipment. While D&H has occasionally offered…
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Cisco Results Beat Forecasts but CEO Cautious
Cisco Systems Inc gave a cautious business outlook on Tuesday, although its quarterly results exceeded expectations as rising Internet traffic fueled demand for network equipment. Chief Executive John Chambers, considered a trend reader for the overall U.S. technology industry, said conditions were still challenging and that a U.S. market recovery is not in sight. "We’re…
