IBM, the biggest provider of services to help companies install and run computer systems, has agreed to buy PricewaterhouseCoopers' consulting arm for an estimated US$3.5 billion, the companies have announced.
Hewlett-Packard and PricewaterhouseCoopers have teamed up to create new products and services to boost the use of the Internet and wireless devices at airlines and airports.
Hewlett-Packard expects to recruit 1,000 additional consultants and technical support staff in Asia Pacific (including Japan) by the end of October, to bulk up its IT services unit.
After the completion of the Compaq deal, a lot of hopes will rest on Hewlett-Packard exec Ann Livermore and her ability to turn the combined services arm into a potent rival to IBM.
Hewlett-Packard is in talks to buy Electronic Data Systems, the companies confirmed on Monday.
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