I have been hearing speculation left right and centre about Logica since last year.
I got quite excited recently when somebody told me Logica was announcing some big news on January 11 (today). Us journalists get excited about the strangest things.
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I thought this must be it. We are going to find out who is going to buy Logica. Names already mentioned to me include TCS and even BT. These are only rumours I must point out.
But no it is a deal struck between Logica and Microsoft. And it is not Microsoft acquiring Logica. It is about Logica selling Microsoft cloud services.