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Blog: Krish Krishnan

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HP to Buy EDS!

Wow, the acquisition spree is well on into Q2 of 2008. HP has just announced that it will be buying EDS for $12.6 billion. Leaving the cash aside, it creates a strong professional consulting services arm for HP, which probably had been lately looking to find such an acquisition.

What does this mean to the industry
1. The concept of "big 4" in the consulting industry is still on for sure.
2. The smaller fish in the pond now can be the big fish, if they can compete on all grounds equally
3. SAP, Microsoft and Oracle will now probably look for more acquisitions.

As we move along to the next quarter, we will need to wait and watch what will happen. It is an interesting time for the industry and BI is still going like the "energizer bunny", which is good for everybody.

  Posted by kkrishnan on May 13, 2008 6:50 AM |

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