It is pure speculation by yours truly, but nonetheless quite intriguing that HP's acquisition of EDS could in fact be the cause of John McHugh leaving as vice president and worldwide general manager of HP ProCurve . In HP's June 6th, 2008 Form 10-Q filing with the Securities and Exchange Commission, ProCurve networking financial results were lumped under Corporate Investments (page 40). Not exactly robust profitability at $14 million on Net Revenue of $448 million for the six months ended April 30, 2008. Meanwhile, EDS had net income of $716 million on revenue of $22 billion for the fiscal year 2007 ( See page 12 ). Why yours truly is speculating that the HP acquisition of EDS is the true culprit behind John McHugh leaving HP ProCurve. The smoking gun so to speak is the EDS February 27th, 2008 Form 10-K filing with the Securities and Exchange Commission - Page 4 : The EDS Agility Alliance is our most strategically significant set of alliance relationships. Through this series of alliance relationships with leading technology companies, we are able to integrate our alliance members' products and services into the EDS portfolio. We jointly go to market with EDS Agility Alliance members by engaging in operational business planning and other initiatives related to new and existing clients. Cisco owns the networking business of EDS and in one swift move, the HP acquisition of EDS kicks the years of hard work and toil by John McHugh to make ...
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