The Monday: That Never Was
from the we-just-getting-used-to-the-new-name dept
In July PWC Consulting announced that they were going to change their name to Monday as part of a bid to go public. I guess all the Monday jokes finally got to the partners at PWC because today IBM announced that it’s buying the consulting unit for $3.5B in cash and stock. More likely though, PWC realized that an selling out would get them more than an IPO these days. And IBM is probably thinking that this deal can help them continue to stay ahead of rivals such as HP/Compaq who are trying to win buisness from IBM Global Services.