Transactions
Jul. 9, 2002
ELECTRONIC DATA ACQUIRES SUNNYVALE'S LOUDCLOUD
Electronic Data Systems Corp. has agreed to acquire the managed hosting business of Loudcloud Inc. for $64 million. Electronic Data Systems also agreed to license Loudcloud's information technology automation software. It agreed to pay Loudcloud $52 million over three years. The deals were announced June 17.
Plano, Texas-based Electronic Data Systems provides services, such as s...
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