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ECT News Community   »   E-Commerce Times Talkback   »   Re: IBM Grabs PwC Consulting for $3.5B



Re: IBM Grabs PwC Consulting for $3.5B
Posted by Horus on 2002-07-31 15:41:20
In reply to Teri Robinson
IBM is buying the strategic consulting skills it could not grow internally. I worked for IBM for 20 years, and every time they would launch a project to develop the kind of intellectual property needed for strategic consulting, the funding was pulled right around the time the proof-of-concept phase was completed. Most of IBM's Global Services revenues are from very-low-margin outsourcing, installation, and programming services. IBM wants the kind of stratgic consulting - like Accenture and EDS have (EDS also bought theirs, but have done a good job integrating it). IBM is generally poor at integrating acquisitions, so this PwC deal should be a boon to its consulting competitors.




 * Topic  Author  Date
Re: IBM Grabs PwC Consulting for $3.5B  Teri Robinson  2002-07-31 15:35:50
Re: IBM Grabs PwC Consulting for $3.5B  Horus  2002-07-31 15:41:20
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