Electronic Data Systems

History

Electronic Data Systems (EDS) was founded by Ross Perot on June 27, 1962. EDS went public on September 12, 1968. In the 1970s, the company began pursuing businesses in many countries around the world.

In 1979, EDS reorganized into three groups: Insurance, Commercial and Government. On Oct. 18, 1984 a merger with General Motors (GM) was finalized, and EDS became a wholly owned subsidiary of GM. Today, EDS is a leading global technology services company.

Mission

The mission of Electronic Data Systems is to deliver a broad portfolio of information technology and business process outsourcing services.

Clients include businesses in manufacturing, financial services, healthcare, communications, energy, transportation, consumer and retail industries and governments throughout the world.

Area of Operation

The businesses of Electronic Data Systems are:
IT Services:

• Solutions
• Applications
• BPO
• Infrastructure

Industries:

• Communications
• Consumer Industries & Retail
• Energy
• Financial Services
• Government
• Healthcare
• Manufacturing
• Transportation

Key Statistics

• Electronic Data Systems holds assets of $17.46 billion.
• Electronic Data Systems had made profits of $365.00 million in 2006.
• Electronic Data Systems operates in 45 countries worldwide.
• Electronic Data Systems has 117,057 employees.

Organization

In 1989, EDS established an organizational structure consisting of 38 strategic business units and 49 strategic support units. The organization is governed by:

• Board of Directors
• Committees
• Executives

International Ranking

• Electronic Data Systems ranks 715th in the world according to the Forbes Magazine list.
• Electronic Data Systems ranks 316th in the Fortune Global 500 list.

Recent Acquisition

2001:

• EDS acquired Structural Dynamics Research Corp. and the publicly held shares of EDS' Unigraphics subsidiary.
• In Germany, EDS acquired the IT services firm Systematics AG.

2004:

• In January, 2004, EDS acquired Dallas-based IT consultancy, the Feld Group.

2006:

• EDS completed a management buyout of A.T. Kearney consultancy, acquired in 1995.
• EDS acquired a majority stake of Mphasis BFL Limited.

Headquarter Address

Electronic Data Systems
5400 Legacy Drive
Plano, TX 75024-3199
USA
Phone: (972) 604-6000
Fax: (972) 605-2643