Updated at 8:30 a.m. PDT with additional analyst comment.
Hewlett-Packard said Tuesday it will acquire computer services firm EDS for $25 per share, or $13.9 billion, in a deal intended to boost HP's services revenue.
On Monday night, HP had confirmed that the two companies were in talks, following news reports earlier in the day.
The deal will create a computer services giant intended to rival IBM in the market for serving business customers.
HP said the deal, which has been unanimously approved by the HP and EDS boards of directors, will close in the second … Read more