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Electronic Data Systems (EDS) Electronic Data Systems (EDS) was an American multinational information technology equipment and services company headquartered in Plano, Texas, which was founded in 1962 by Ross Perot. The company was a subsidiary of General Motors from 1984 until it was spun off in 1996. EDS was acquired by Hewlett-Packard in 2008.
On the IT services and consulting side, the largest acquisition made so far is Electronic Data Systems, in 2008 for US$13.9 billion In the software products market segment, a stream of acquisitions has helped strengthen HP's position . [13] The largest software company purchased prior to 2011 was Mercury Interactive for US$4.5 billion. This ...
On May 13, 2008, HP and Electronic Data Systems (EDS) announced [55] that they had signed a definitive agreement under which HP would purchase EDS. On June 30, HP announced [56] that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 had expired. "The transaction still requires EDS stockholder approval and ...
DXC Technology was founded on April 3, 2017, when Hewlett Packard Enterprise ’s Enterprise Services business unit merged with Computer Sciences Corporation. The company provided business-to-business IT services. [5] It began trading on the New York Stock Exchange under the symbol DXC. [6] At the time of its creation, DXC Technology had ...
Computer Sciences Corporation. Computer Sciences Corporation (CSC) was an American multinational corporation that provided information technology (IT) services and professional services. On April 3, 2017, it merged with the Enterprise Services line of business of HP Enterprise (formerly Electronic Data Systems) to create DXC Technology. [2][3]
On May 13, 2008, HP, under then-Chief Executive Mark Hurd, confirmed that it had reached a deal to buy Electronic Data Systems, the largest since the Compaq purchase. The price was a reported $12.6 billion. [106]
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