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| | IBM to buy PwC Consulting for $3.5B - Jul. 30, 2002 |
 | | Under the terms of their agreement, PwC Consulting, with roughly $4.9 billion in revenue and some 30,000 employees, will be combined with the Business Innovation Services unit of IBM Global Services, bringing IBM's total services work force to roughly 180,000. |
 | | By taking PwC Consulting into its fold, IBM (IBM: Research, Estimates), which already is the world's largest supplier of information technology (IT) services, would substantially bolster its position in that area. |
 | | With PwC's business-consulting muscle, IBM, whose Global Services unit was focused mostly on systems integration and IT consulting, substantially expands the scope of its offerings and would be the leading business consultant by a very wide margin, according to Albert. |
| money.cnn.com /2002/07/30/technology/ibm_pwc/index.htm (0 words) |
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