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IBM Getting PwC Consulting for $3.5 Billion

Posted by ryuzaki0 on from the total-cost-of-ownership dept.

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.'"

7 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."

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

    Good! Tech mergers mean I get fewer rejection notices!

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  3. 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.

  4. 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.

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      Milo
  5. 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!

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    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.

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