Who started EDS?
Who started EDS?
Ross Perot
Electronic Data Systems/Founders
When did EDS go out of business?
Electronic Data Systems
| Last known EDS logo | |
|---|---|
| Type | Division of HP |
| Defunct | September 23, 2009 |
| Fate | Acquired by Hewlett-Packard |
| Headquarters | Plano, Texas , USA |
What company bought EDS?
HP
HP and EDS today announced that they have signed a definitive agreement under which HP will purchase EDS at a price of $25.00 per share, or an enterprise value of approximately $13.9 billion.
What did EDS stand for?
Ehlers-Danlos syndromes (EDS) are a group of rare inherited conditions that affect connective tissue. Connective tissues provide support in skin, tendons, ligaments, blood vessels, internal organs and bones.
Why did HP buy EDS?
The EDS acquisition will enable HP to quickly accelerate its position in the global technology services market. “IT services are a big and strategic part of the marketplace, and they influence technology purchases downstream,” Pring said.
When did EDS become HP?
On May 13, 2008, Hewlett-Packard Co. confirmed that it had reached a deal with Electronic Data Systems to acquire the company for $13.9 billion. [2] The deal was completed on August 26, 2008. EDS became an HP business unit and was temporarily renamed “EDS, an HP company”.
Did GM buy EDS?
GM bought EDS in 1984 from Mr. Perot for $2.5 billion and used it to help standardizing the automaker’s diverse computer systems, which had 200,000 outlets within the company alone. Roger Smith, then GM’s chairman, called the purchase a foothold in the electronic future for a mature auto company.
When did Eds become HP?
Does EDS exist?
The EDS name has evaporated, and so has its legacy. For some longtime former employees, the demise hurt almost as much as a death in the family. EDS was much more than a job; it was a way of life.
What did EDS become?
What is EDS called now?
But the 21st century hasn’t been kind to EDS, now an anonymous part of the computer services division of Hewlett-Packard, based in California’s Silicon Valley. The EDS name has evaporated, and so has its legacy.
