You are here: silicon.com > Networks > LANs

LANs

IBM gains approval for PwC purchase

$3.5bn bid given the green light...

By Will Sturgeon

Published: 13 September 2002 11:40 GMT

IBM has taken a step closing to purchasing PriceWaterhouseCoopers' consulting division after partners in the accountancy firm approved Big Blue's $3.5bn bid.

The deal has also met with approval from regulators who were looking into potential anti-trust issues.

IBM hopes the deal will breathe new life into its services division.

The proposed sale ends PwC's plans to spin off the unit through a flotation.

IBM has already said it intends to cut jobs when it takes over the unit which currently employs 30,000 staff.

  1. Zones
  2. Management
  3. Networks
  4. Software
  5. IT Services
  6. Hardware
  1. Verticals
  2. Public Sector
  3. Financial Services
  4. Retail & Leisure

  • Jobs
Field Sales Executive

Field Sales Executive IT Services – Education sector 22-25k Basic; OTE 35-40k; Car Allowance North West Ref: d09 ah Field Sales Executive ...

Healthcare IT Project / Programme Manager

You will have some involvement in building pre sale confidence with customers but will mainly work post sale with programme and resource management ...

Technical Bid Manager - UK Wide

The company's annual revenues are EUR 5.8 billion and it employs 50,000 people in 40 countries. For more information, please visit the company's web ...

Agenda Setters 2009
Welcome to the ninth annual Agenda Setters poll – silicon.com's list of the top 50 most influential individuals in the technology and IT industries, from techies and CIOs to entrepreneurs and business leaders. Find out more in our latest special report.





Quick Sitemap Links: