Electronic Data Systems

Electronic Data Systems

Information Technology And Services, 5400 Legacy Dr, West Hartford, Texas, 75024, United States, 10001+ Employees

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Who is ELECTRONIC DATA SYSTEMS

EDS was started in 1962 by H. Ross Perot.[1] Perots goal was to establish a company that offered high-end electronic data processing management personnel, along with the computer hardware...

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  • 5400 Legacy Dr, West Hartford, Texas, 75024, United States Headquarters: 5400 Legacy Dr, West Hartford, Texas, 75024, United States
  • 1962 Date Founded: 1962
  • 10001+ Employees: 10001+
  • dollar-icon Revenue: $1 Billion and Over
  • tech-icon Active Tech Stack: See technologies

industries-icon Industry: Information Technology and Services

SIC SIC Code: 7371 | NAICS Code: 541511 | Show More

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Frequently Asked Questions Regarding Electronic Data Systems

Answer: Electronic Data Systems's headquarters are located at 5400 Legacy Dr, West Hartford, Texas, 75024, United States

Answer: Electronic Data Systems's phone number is +12*********

Answer: Electronic Data Systems's official website is https://eds.com

Answer: Electronic Data Systems's revenue is $1 Billion and Over

Answer: Electronic Data Systems's SIC: 7371

Answer: Electronic Data Systems's NAICS: 541511

Answer: Electronic Data Systems has 10001+ employees

Answer: Electronic Data Systems is in Information Technology and Services

Answer: Electronic Data Systems contact info: Phone number: +12********* Website: https://eds.com

Answer: EDS was started in 1962 by H. Ross Perot.[1] Perots goal was to establish a company that offered high-end electronic data processing management personnel, along with the computer hardware, by targeting large corporations and by offering long-term contracts at a time when short-term contracts were the industry norm. The creation of Medicare in 1965 gave EDS an opportunity to enter government contracting, and by 1968 Medicare and Medicaid contracts provided about 25 percent of EDS revenues. By 1977, healthcare-claims processing accounted for nearly 40 percent of EDS revenues. In 1984, General Motors agreed to buy EDS for $2.5 billion. In 1996, GM spun off EDS again as an independent company, and then became one of its largest clients. 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". Ronald A. Rittenmeyer, EDS Chairman, President, and CEO, remained at the helm and reported to HP CEO Mark Hurd until his retirement.[3] As of 2008, EDS employed 139,000 people in 64 countries, the largest locations being the United States, India and the UK. It was ranked as one of the largest service companies on the Fortune 500 list with around 2,000 clients.

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