Update: The deal is done. HP confirmed that it's buying EDS for $25 per share or $12.5 billion. EDS will be rebranded, "EDS -- an HP company" in recognition of its own corporate blandness.
HP wants to buy EDS, assure acronym superiority over IBM (update: it's official)

N. Patel|05.13.08
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May 13th, 2008
In this article: eds, electronic data systems, ElectronicDataSystems, hewlett packard, hewlett-packard, HewlettPackard, hp, merge, merger

Update: The deal is done. HP confirmed that it's buying EDS for $25 per share or $12.5 billion. EDS will be rebranded, "EDS -- an HP company" in recognition of its own corporate blandness.