HP is pursuing Autonomy co-founder Mike Lynch and his team for $5.1bn in damages.
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HP and EMC merger discussions are formally over, according to a report by Reuters.
We're catching up fast, insists chief executive Meg Whitman, as HP shifts its focus to tablets
HP executives were told about a claim of improper accounting at Autonomy before the £7.1 billion acquisition, but did not relay that to the board or CEO, sources have told the Wall Street Journal.
EDS staff are today gathering for a "town hall" meeting in Melbourne; however, spokespeople for the company would not confirm whether the issue of pay cuts would be debated.
Australian EDS staff have suffered a fresh round of job cuts this week, according to sources, as local employees vote on whether to accept a 10 per cent pay cut handed down globally.
The pay cuts announced by Hewlett Packard global CEO Mark Hurd today will apply to Australian staff at both HP and EDS, according to local spokespeople.
EDS has lost one of its most senior Australian executives as the IT services giant continues to suffer turmoil amongst local staff due to job cuts associated with its acquisition by Hewlett-Packard.
The merger of Hewlett-Packard's Australian IT services arm and the local operation of EDS has, for the most part, been completed, according to HP's Asia-Pacific spokesperson.
IT services firm ASG Group has acquired ASX-listed Oracle database firm AD-B Group for $3 million, claiming it gives the company an in-road to lucrative defence contracts.