HP has entered into a pre-bid agreement to acquire Australian document management software company Tower Software for AU$3.39 per share.
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HP and EMC merger discussions are formally over, according to a report by Reuters.
HP is pursuing Autonomy co-founder Mike Lynch and his team for $5.1bn in damages.
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.
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.
In a move to discretely remedy a design flaw in its shortcut tool, HP Info Center, which is used in 100 different HP laptop models, the company has released a patch which kills both the bug and Info Center.
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.
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.
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.
ANZ bank will be the first bank in Australia to deploy Cisco's AU$700,000 video conferencing tool, TelePresence.