tagged w/ EDS
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•signatures: 10,326
•deadline: ongoing
•signature goal: 25,000
Dear OHIP official,
Brooklyn Mills has a very rare degenerative disease called Ehlers-Danlos Syndrome (EDS). It causes weakness in the collagen of the bones, prompting the body to literally fall apart. Brooklyn has been suffering from this horrible disease for two years because there are no doctors in Ontario that can treat her.
It is unfair for you to refuse to cover Brooklyn's medical expenses. Brooklyn's treatment is urgent and her situation dire. It is a matter of life and death and waiting to treat her is detrimental to her health.
Brooklyn has been forced to find treatment elsewhere and her hospital bills continue to add up due to lack of coverage. I urge you to review Brooklyn Mills' case immediately and award her coverage of the EDS disease...
http://www.thivest.com/?page=27•signatures: 10,326
•deadline: ongoing
•signature goal: 25,000... more
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Hello Men! Do you ride your bike all the time? Well you might be hurting your "manhood". Read our entire post to find out more.Hello Men! Do you ride your bike all the time? Well you might be hurting your... more
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Five years ago, if Hewlett-Packard bought EDS, everyone would've thought it was pretty much like when IBM bought PwC -- a play to create a powerful data processing consulting business that could coexist with a computer hardware business. In fact, that's been a great model for IBM.
But with HP today buying EDS for $12 billion, the smart thinking goes in a different direction. It's looking like a red-hot area going forward for IBM, Amazon and Google will be so-called cloud computing -- a.k.a. hardware as a service.
If you're a startup or a corporate IT manager, you increasingly won't have to buy computers to run your business. You just rent capabilities from some computing giant and move the information there and back over the internet. If something crashes, the data is always backed up and stored somewhere out there in the cloud. This is the ubiquitous computing idea IBM has pushed for a decade -- making computer power something like electric power.
If you tack together some of HP's other purchases under CEO Mark Hurd -- as Om Malik did -- it seems even more obvious that HP is at least as interested in cloud computing as consulting. And EDS is a solid cloud-computing play because a core business is owning and running giant data centers.Five years ago, if Hewlett-Packard bought EDS, everyone would've thought it was... more
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kushan
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added this
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4 years ago
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Hewlett-Packard Co. is buying Electronic Data Systems Corp. for $13.2 billion in a deal that will create the second largest technology services provider behind IBM.
Under the terms announced Tuesday, Palo Alto-based HP will pay $25 per share in cash for EDS, which pioneered the concept of running computer systems and providing other high-tech help for large companies and government agencies.
It's a field dominated by IBM Corp., which generated $54 billion in revenue from technology services last year. HP's technology services revenue will more than double to more than $38 billion with the addition of EDS, which had $22 billion in revenue last year.
The deal is expected to close during the second half of last year and begin to boost HP's profit in its fiscal year ending in October 2010.
Once the marriage is completed, HP estimates it will have about a 7 percent share of the technology service market compared with IBM's 10 percent share. The deal will enable HP to leapfrog Fujitsu and Accenture in the niche.
To make sure the EDS takeover pays off, HP indicated it will make significant layoffs as it eliminates overlapping jobs and other expenses. In Tuesday conference calls with media and analysts, HP Chief Executive Mark Hurd and EDS CEO Ronald Rittenmeyer declined to estimate how many workers might lose their jobs.
"There are obviously going to be some changes," said Rittenmeyer, who will run the combined technology services unit and report directly to Hurd.
The combined services business would have 210,000 employees and operations in more than 80 countries. It will retain the EDS brand and EDS' Plano, Texas headquarters.
Hurd hailed the EDS deal as "compelling."Hewlett-Packard Co. is buying Electronic Data Systems Corp. for $13.2 billion in a... more
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kushan
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4 years ago
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Hewlett-Packard Co (HPQ.N: Quote, Profile, Research) is in talks to buy technology outsourcing company Electronic Data Systems Corp (EDS.N: Quote, Profile, Research) for $12 billion to $13 billion in a deal which would vault it to a close second to IBM in technology services.
The acquisition would be HP's biggest since its $19 billion acquisition of Compaq in 2002. Shares of EDS rose nearly 28 percent, taking its market value to about $12 billion.
HP shares fell nearly 5 percent amid some skepticism that slow-growing EDS, still considered in turnaround mode, would provide more than a one-time boost, and might not be worth a premium of as much as 37 percent.
A source briefed on the matter told Reuters about the talks and that the plan was to announce a deal by the close of Tuesday. The Wall Street Journal first reported the discussions, and later HP and EDS both said they were in talks about a business combination but gave no details.
"While Hewlett-Packard has over time built up its own outsourcing practice, this clearly is a move by Mark Hurd to challenge IBM in the services area," said David Garrity, director of research at Dinosaur Securities, referring to HP's chief executive.
A bigger HP could compete better against International Business Machines Corp (IBM.N: Quote, Profile, Research) in going after large clients and help it keep costs in line, analysts said. If HP completes the acquisition, it would be by far the largest under CEO Hurd.
"It would put Hewlett-Packard in the sweet spot of an IT spending trend. It would definitely improve their position against IBM," said CRT Capital Group analyst Ashok Kumar.Hewlett-Packard Co (HPQ.N: Quote, Profile, Research) is in talks to buy technology... more
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kushan
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added this
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4 years ago
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