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In a deal that might ultimately shift the balance of power among computer vendors, IBM
will pay $3.5 billion in cash and stock for PricewaterhouseCoopers Consulting. Pascal
Matzke, a senior analyst at Giga Information Group, told the E-Commerce Times that
the acquisition is "actually a good match" that will give IBM a strong position in
high-end projects against the likes of EDS and Accenture. The deal could have long-term
ramifications, particularly for IBM competitors Hewlett-Packard and Sun.