May 13, 2008 9:26AM

EDS CEO Says Companies Have Been In Talks For Sometime

By Donna Fuscaldo

Given the conference call was with the press, it was brief, only lasting around twenty minutes. One reporter wanted to know how the deal came to be, but EDS’s CEO was mum on the behind the scenes saga. He says the companies have been in talks “for sometime” but said investors and reporters will have to wait for the proxy to get all the nitty gritty details. The proxy will be out in a couple of weeks, says Rittenmeyer. Hurd, also being tight lipped, would only say when asked if H-P was done making services buys “never say never.” Hurd did say H-P is focused on “getting this one right,” noting that the acquisition of EDS “made a lot of sense for us.” Call is over but the analysis will continue on the Fox Business Network.