Electronic Data Systems was an American multinational information technology equipment and services company headquartered in Plano, Texas. It was established in 1962 by H. Ross Perot. Perot’s goal was to start a company that offered skilled electronic data processing management personnel along with the computer equipment. He targeted large corporations and offered long-term contracts at a time when short-term contracts were the norm. In 1984, General Motors agreed to buy EDS for $2.5 billion. In 1996, GM spun off EDS as an independent company and became one of its largest clients. On May 13,...
|Industries:||Information technology, Computer|