Archive for May, 2008

HP set to acquire EDS

May 16, 2008

HP and EDS today announced that they have signed a merger deal valued at $13.9 billion. The transaction is expected to close in the second half of calendar year 2008 and to more than double HP’s services revenue, which amounted to $16.6 billion in fiscal 2007. The companies’ collective services businesses, as of the end [...]

Centrica / Accenture outsourcing battle

May 13, 2008

Project Jupiter, an IT system implemented by Accenture for British Gas, is now the centre of a multimillion-pound legal battle. The system was aimed to revolutionise Centrica’s (the parent company of British Gas) billing system, but instead the energy supplier had to hire 2,500 extra staff and invest millions more pounds to fix the problems [...]