---
title: IBM acquires PwC Consulting
date: "2002-07-31T12:00:00Z"
categories:
  - links
wp_id: 1260
description: I noted IBM's $3.5 billion acquisition of PwC Consulting, comparing it to HP's previous $18 billion offer. I observed that IBM's stock price stayed steady, suggesting they may have secured a bargain on the deal.
keywords: [ibm, pwc consulting, acquisition, hp, stock market, monday.com]
---

[IBM acquires PwC Consulting](http://news.com.com/2100-1001-947283.html?tag=fd_lede). Or what would've been [Monday](http://www.monday.com). For $3.5 bn. I heard somewhere that the stock price of acquiring companies typically fall after such announcements. [IBM's didn't](http://news.cnet.com/investor/quotes/chart-snap/0-9970-1043-0-IBM.html?priceDisplay=1&duration=5d). Does that mean they got PwC at a low price? Given that HP once refused them at $18 bn, maybe...