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FIRMS PARTNER ON SUPPLY CHAIN SOFTWARE AFTER DROPPING MERGER PLANS LAST YEAR
Hewlett-Packard Co. and PricewaterhouseCoopers L.L.P., whose proposed marriage was called off last year, have rekindled their courtship to develop and market collaborative supply chain software to manufacturing companies.
HIB which dropped its planned $18 billion acquisition of PWC in November 2000, will leverage its technology development strength, while PWC will contribute its industry-specific consulting expertise.
Palo Alto, Calif-based HP and New York-based PWC will target a range of industries, including hightech, aerospace, automotive and consumer packaged goods. Twohundred HP employees will spend most of their time on the initiative, while 2,000 consultants in PWC's supply chain operations solutions practice will dedicate a good deal of their time to it.
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