Huge company: The merger will create the world's third-largest IT service provider.
Hewlett Packard Enterprise Co's planned merger of its struggling IT services business with Computer Sciences Corp could generate considerable savings, but it won't stop customers from defecting to cloud services.
The merger, which will result in a company with annual revenue of about US$26bil (RM106.1bil), brings together HP's clout in the pharma and transportation industries and CSC's heft in the insurance, healthcare and banking sectors.
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