Thursday, January 05, 2006

HP Looking to Acquire CSC?

Jeffrey Burt writes in eWeek:

Hewlett-Packard Co.'s reported interest in buying Computer Sciences Corp. brings its share of benefits and risks, according to industry observers.

The move could rapidly grow HP's services and outsourcing business, giving the Palo Alto, Calif., company the size and breadth to compete with the likes of IBM Global Services, they said. However, if not done right, such a move could prove to be a major burden on a company that is trying to improve its financial situation.

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