Train Wreck

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July 30, 2008 6:05 AM PDT

Can HP rival IBM in global technology services?

by Steve Tobak
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Nobody knows exactly when Hewlett-Packard's $13.9 billion acquisition of EDS will close, but it may already be too late for the tech giant to take a run at IBM's leadership in global technology services.

Eight years ago, then-CEO Carly Fiorina looked into acquiring PricewaterhouseCoopers to expand HP's services business, but it ultimately balked at the deal. IBM scooped up the consulting firm for $3.5 billion just two years later, a move that accelerated its famously successful repositioning as a services company.

HP Chief Executive Mark Hurd

(Credit: Hewlett-Packard)

Now HP Chief Executive Mark Hurd is trying to do what Fiorina failed to do eight long years ago--eons in today's ultrafast-pace technology world. ... Read more

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About Train Wreck

Steve Tobak is a marketing consultant and former chip industry executive. Train Wreck provides insight into dysfunctional corporate behavior, among other things. When he's not airing the industry's dirty laundry, Steve likes to hang around the house, make believe he's working, and drive his wife crazy. Find out more at www.invisor.net or email Steve at trainwreck@invisor.net. He is a member of the CNET Blog Network and is not an employee of CNET. Disclosure.

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