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Biz Insight

Hewlett-Packard agrees to buy EDS for $13.9B

The headquarters for Electronic Data Systems Corp. is in Plano.

10:43 AM CT Hewlett-Packard says it will create a new business group branded as "EDS – an HP company," which H-P expects to more than double its services revenue and make it a bigger challenger to IBM.
Analysts see benefits in Hewlett-Packard's purchase of EDS

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