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IBM Getting PwC Consulting for $3.5 Billion

MoThugz writes: "This Yahoo! News article reports that IBM will be buying PriceWaterhouseCoopers Consulting for a cool $3.5 billion in cash and stock. From the page: 'The purchase is aimed at boosting slowing revenues in the computer giant's large services business, which now accounts for more revenue than its well-known computers and mainframes. ... The merger gives IBM, the world's largest supplier of computers and computer services, the consulting arm of PriceWaterhouseCoopers, the world's largest accounting firm. The combined IBM-PriceWaterhouseCoopers will rank a close second to top consultant Accenture Ltd. , formerly Andersen Consulting.'"

11 of 209 comments (clear)

  1. That was fast by Sneftel · · Score: 3, Funny

    Jesus, Andersen changed their name already? What, do they have a small army of business card printers and sign-repainters standing by in case of corporate scandal?

    "Hey, aren't you from Ande-"
    "Hmm? Nope! Nope, never heard of them! I'm from *checks card* uhh, Accenture, and I am a *checks card* ...quality promotion liaison."

    --
    The opinions stated herein do not necessarily represent those of anybody at all. Deal with it.
  2. Is it because they Like donkeys? by Anonymous Coward · · Score: 1, Funny

    I guess they won't be calling themselves "Monday" anymore.

    http://www.introducingmonday.co.uk

    http://www.introducingmonday.com
    (Was the official site)

  3. IBM consulting and Linux... by Critical_ · · Score: 2, Funny

    Today, XYZ corporation went under for bad accounting. Eyes are trained on the actions of the newly formed IBM-PwC.

    Microsoft spokesman Mr. Longhorn said "that open-source *had* to have contributed to the shortcomings of their accounting scheme. With Microsoft software, since we do not show the source, corporations can better hide their iillegal deads."

    RMS responds, "Accouting through obscurity does not work."

    In other news...

  4. next merges.... by Anonymous Coward · · Score: 2, Funny

    next merges

    Apple buy IKEA
    Oracle buy Chanel
    Microsoft buy playschool
    Boeing buy John Deer

    1. Re:next merges.... by telstar · · Score: 3, Funny

      IBM just bought Monday ... Stay tuned as they make a move to pick up the rest of the week.

  5. Tree Saver by Tablizer · · Score: 4, Funny

    Good! Tech mergers mean I get fewer rejection notices!

  6. What do you get if you cross IBM and PWC? by tlambert · · Score: 5, Funny

    Q: What do you get if you cross IBM and PWC?

    A: IBM

    (Yes, it's not funny; it wasn't funny when they bought the company I worked for, either...)

    -- Terry

    1. Re:What do you get if you cross IBM and PWC? by milo_Gwalthny · · Score: 3, Funny

      Blue Monday.

      --
      Milo
  7. More possible mergers... by gusnz · · Score: 5, Funny

    As merger season is apparently upon us, here's some other possible additions to the merger club:

    Hale Business Systems, Mary Kay Cosmetics, Fuller Brush, and W.R. Grace Company merge to become Hale Mary Fuller Grace.

    Polygram Records, Warner Brothers, and Keebler Crackers merge to become Polly-Warner-Cracker.

    3M and Goodyear merge to become MMMGood.

    John Deere and Abitibi-Price merge to become Deere Abi.

    Zippo Manufacturing, Audi Motors, Dofasco, and Dakota Mining merge to become Zip Audi Do Da.

    Honeywell, Imasco, and Home Oil merge to become Honey I'm Home.

    Denison Mines, and Alliance and Metal Mining merge to become Mine All Mine.

    Xerox and Wurlitzer will merge and begin manufacturing reproductive organs.

    Fairchild Electronics and Honeywell Computers will merge and become Fairwell Honeychild.

    3M, J.C. Penney and the Canadian Opera Company will merge and become 3 Penney Opera.

    Knott's Berry Farm & National Organization of Women will merge and become Knott NOW!

    1. Re:More possible mergers... by DragonWyatt · · Score: 3, Funny

      You forgot this one:

      Dolly Parton is buying up three grocery store chains: Big Star, Piggly Wiggly, and Harris Teeter. The new conglomerate will be called Big Wiggly Teeters.

      --
      Don't sweat the petty things. But do pet the sweaty things.
  8. pedant by Ami+Ganguli · · Score: 2, Funny

    pedant n: a person who pays more attention to formal rules and book learning than they merit (WordNet ® 1.6, © 1997 Princeton University)

    --
    It is tempting, if the only tool you have is a hammer, to treat everything as if it were a nail. - Abraham Maslow