Acquisition – PwC deal to ‘plug hole’ in Hewlett Packard operations.

The acquisition of the PricewaterhouseCoopers management consulting arm would help Hewlett Packard plug a big hole in its quest to be an IT services and consulting company.

Carly Fiorina, HP’s chairman, chief executive and president, reconfirmed this week that the company is in talks with PwC to buy the firm’s management consultancy practice. PwC has hinted an announcement about the deal is imminent.

Speaking at the Networld + Interop trade show in Atlanta, she said: ‘The days of talking to one company about business strategy and to another about technology implementation are frankly over. Business strategy is about technology, and the linkage between business transformation and IT implementation is inextricable.’

According to a recent HP-commissioned survey of 100 chief information officers around the world, companies are looking for technology suppliers and consultancies that have experience of working with together.

‘While once CIOs valued neutrality regarding technology implementation, today they value a point of view,’ said Fiorina.

She added that acquiring a management consultancy business would be the best way to accelerate the growth of HP’s services interests.

Linda Leung writes for

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