Who can introduce the details of IBM consulting company?

IBM revealed that the acquisition of PricewaterhouseCoopers Consulting Company cost hundreds of millions of dollars. In a report submitted to the Federal Securities and Exchange Commission last week, IBM said that in July, it increased its investment of $397 million for the acquisition of PricewaterhouseCoopers, and they paid $3.5 billion for it last year.

According to the report, the increase in expenditure is partly due to the reassessment of assets transferred to IBM. I

Joe Stunkard, a spokesman for BM Company, did not provide details about this additional asset, but he defended the whole transaction despite the huge cost. He said that owning PricewaterhouseCoopers enabled IBM to provide high-end consulting services.

Since the completion of this acquisition, the turnover of IBM's service department has been rising. For example, the turnover of IBM Global Services in the fourth quarter of 2002 increased by 17% compared with the same period of last year, reaching 106 billion US dollars. Stunkard said that the service department currently has about 6.5438+0.8 million employees.

The report also revealed the specific contents of the layoffs that IBM started last year, including 65,438+0,400 layoffs in its microelectronics department and 65,438+04,265,438+03 layoffs in its service department. This year, they will further lay off staff. At present, the company has about 310.6 million employees.