Cleary advised HP, fielding a team led by New York-based M&A partners Christopher Austin, Benet O’Reilly and Victor Lewkow.
EDS instructed Willkie Farr, with the
Freshfields Bruckhaus Deringer is advising HP on antitrust and employment aspects of the deal outside the
Howrey, meanwhile, is advising EDS on antitrust aspects, with Roxann Henry the lead partner in
The deal, which was announced today (13 May) and is excepted to close in the second half of this year, comes after HP last year launched a review of its US advisers under general counsel Michael Holston.
The combined group will form an IT services giant with 210,000 employees globally and annual revenues of $38bn (£20bn).
HP intends to establish a new business group, to be branded EDS – an HP company, which will be headquartered at EDS’ existing executive offices in