IT Service News
IBM ramps Project Green cloud centres

IBM is to invest nearly US$400 million in two cloud computing data centres as part of its goal to “re-engineer global computing infrastructure.”
 
Fujitsu on a service sector roll

GLOBAL tech firm Fujitsu has attributed strong growth in its IT services group for a doubling of its operating profit for its Q1 period from April to June.
 
EDS granted magic storage status

A focus in recent years on its storage services business has paid off for US-based services giant EDS, with Gartner positioning the company in the Leaders quadrant in the 2008 “Magic Quadrant for Storage Professional and Support Services” report.

 
Commander finally buckles

Troubled IT services and communications specialist Commander has appointed administrators after lenders declined to grant an extension for repaying debt.

Commander managing director and chief executive officer Amanda Lacaze said the board had appointed Ferrier Hodgson after the company suspended trading in its shares.
 
HP clears European EDS hurdle

COMPETITION regulators in Europe have approved without conditions Hewlett-Packard’s US$13.9 billion (A$14.6 billion) acquisition of services giant Electronic Data Systems (EDS).
 
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HP-EDS merger gets US approval PDF Print E-mail

HEWLETT-Packard’s planned acquisition of services giant Electronic Data Systems for US$12.6 billion (A$13.1 billion) has been given the go-ahead by US anti-trust regulators, both companies announced.

HP and EDS said they had not been asked for additional information by the Federal Trade Commission and the Justice Department by the expiry of a special waiting period on acquisitions – effectively meaning the agencies had no problems with the deal.

HP is still waiting to hear from European anti-trust regulators. It must also get approval from EDS shareholders at a July 31 shareholders meeting for the deal to go ahead.

EDS is one of the largest services companies in the world and is a pioneer of the outsourced IT services business.

The acquisition is seen as a strategic move to better enable HP to compete with the services market leader IBM.
 
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