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The massive charge is related to HP’s enterprise services arm constructed around its $14 bilion purchase of Electronic Data Systems (EDS) in 2008. The company will announce its third quarter earnings on August 22. Read more »

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The wave of M&A activity swelling the cloud services sector won’t stop with in the software-as-a-service (SaaS) arena. Internap’s $30 million purchase of Voxel, announced early this week, signals a land rush for cloud services, with many smaller, capable cloud providers now in play. Read more »

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Liquid Computing, a startup going head-to-head with giants, today launched its own version of unified computing gear that stands in almost direct contrast to the announcements made yesterday by Cisco, EMC and VMware about Vblocks and the new Acadia services arm. Also today, HP laid out […] Read more »

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HP said today it has closed its $13.9 billion acquisition of Plano, Texas-based IT services provider EDS, which was first announced in May. The success of the deal will depend on HP’s ability to integrate such a large buy into its already mammoth corporate structure. HP […] Read more »

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Networking has always been a high art in business. Just ask Susan Roane, my mentor and author of the seminal tome, “How to Work a Room.” (I know a handful of VCs and startup kings on Sand Hill Road who have her book tucked into a […] Read more »

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Updated: With the Microsoft-Yahoo battle fading from the dynamic random memories of our over stimulated brains, it is time to turn our attention to Hewlett-Packard’s $12 billion $13.9 billion deal to acquire EDS, a services giant in its own right. The news was announced this morning. […] Read more »

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