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EDS

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EDS
(Electronic Data Systems, Plano, TX, www.eds.com) Founded in 1962 by H. Ross Perot (independent candidate for the President of the U.S. in 1992), EDS is the largest outsourcing and data processing services organization in the country. It is the leading services provider to the healthcare, insurance and banking industries. In 1984, EDS was acquired by General Motors. Within a couple of years, Perot left EDS and later formed Perot Systems Corporation. In 1996, GM spun off EDS as an independent company.

EDS is known for huge contracts. For example, in 1994, Xerox contracted with it for 10 years worth of outsourcing valued at more than three billion dollars. In 2008, EDS was acquired by Hewlett-Packard (see HP).
EDS - Enhanced Directory Service


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Hewlett-Packard's EDS closed a $90 million technology infrastructure management agreement with three financial services firms in Chile.
British insurance giant Aviva and Hewlett Packard announced on Monday the signing of a one-billion-dollar (700 million pound) agreement for HP company EDS to manage two data centers in England.
15 announced an agreement under which EDS will continue managing technology infrastructure and software applications for Phoenix Life Insurance Co.
 
 
 
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