Posts Tagged ‘eds’

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On May 15th, 2008 – Carl Icahn stepped up to the plate and officially announced his bid to proxy Yahoo so he could work with Microsoft on getting a deal out.  A couple days prior, Eric Jackson decided to pull his bid for proxy and the rumor started to fly that Carl Icahn was going to take over the fight.

Of course we saw how that went – Icahn got a seat on the Yahoo board, and Yahoo stayed with Yahoo.

Other items of note – ZDTV starts, HP and EDS acquisition and the Ethernet Standard is formed. Of course there is a lot more in the podcast.

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Interview with John Hartman – Coffee and customer service – Good websites for News – Looking for a Flip Video Camera – Leaves are turning brown…

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A lot of tech companies traded like a high stakes poker game. Of course this is not unusal for companies to buy other companies – It is interesting to see who bought what. It makes for the big question: Will the new parent company keep their new child or will we see it in a dumpster next week?

Let’s start with the big one: HP buys EDS. On Tuesday, HP laid down 12.6 Billion to purchase Electronic Data Systems. This is a move to catapult HP into a position to compete with IBM’s markets.

Created in 1962 by Ross Perot – the Billionaire that ran for President in 1992 (and took about 18.9 percent of the vote). Ross Started EDS after departing from IBM. His first big contract was in computerizing Medicare Records from the Government. In 1968 EDS went public and shares went from $16 to $160.

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Now Micrahoo FREE! Site redesign – New Camera – Live Show and Talk Shoe – Job Hunt – Email Calendar scam.

On this day: George Lucas (44), Skylab One (73), dBase III (84)

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Podcast: Play in new window | Download (22.9MB)