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Convergence rather than economy driving managed LAN services
Nov. 13, 2008
Three major factors are driving more IT departments to look into managed LAN services: the increasingly dispersed locations of company branches; the security challenges that naturally come with relying more on wireless ...

EDS sacks 75 staff following HP buyout
Oct. 23, 2008
Electronic Data Systems (EDS) will slash 75 staff from its local workforce as part of a global headcount reduction lead by parent company HP which plans to axe 24,600 jobs over three years.

All eyes on HP-EDS services integration plan
Sep. 18, 2008
HP's $13.9 billion acquisition of EDS brings IT services expertise to the vendor, which is building its software and now services businesses via acquisition. Analysts remain skeptical that HP can successfully integrate ...

HP closes EDS deal, preserves leadership team
Aug. 26, 2008
HP said Tuesday that it has completed its US$13.9 billion purchase of massive systems integrator Electronic Data Systems, and it also revealed that EDS' top-level management structure would remain largely unchanged.

HP chief Hurd fields questions about EDS buy
Jun. 18, 2008
HP Chairman and CEO Mark Hurd made a brief cameo during HP Technology Forum & Expo keynote address to re-assure some 7,000 attendees on the quality of the deal. And he later talked in more detail at Software Universe ...

Microsoft / Yahoo heading for a shotgun wedding?
May. 16, 2008
Jason and Keith discuss the Yahoo stockholder revolt, why girls aren't interested in IT, and mourn the end of the Philly Wi-Fi network.

FAQ: What does the HP-EDS deal really mean?
May. 13, 2008
HP buying EDS could double its services business to nearly $40 billion in revenue, helping the vendor inch closer to its rival IBM, which brings in closer to $54 billion in revenue for services annually.

HP buys EDS for $13.9 billion
May. 13, 2008
HP said Tuesday morning that it has signed a deal to acquire IT outsourcer EDS for $13.9 billion, or $25.00 per share.

HP to buy EDS; VMware tackles management, disaster recovery
May. 13, 2008
Hewlett-Packard said this morning that it has signed a deal to acquire IT outsourcer Electronic Data Systems for $13.9 billion, or $25.00 per share; VMware is releasing two bundles of management and automation products ...

Wisconsin state agency mailing exposes data on 260,000
Jan. 09, 2008
"Appalled" officials at the Wisconsin State Department of Health and Family Services (DHFS) are asking Electronic Data Systems to explain why it allowed Social Security numbers to be printed on the address labels of ...

Yang Reaches End Of Yahoo's Rope | NetworkWorld.com Community
Nov. 18, 2008
Microsoft's $33 per share offer for Yahoo! is looking pretty darn good after their close today at $10.63 today. And while Microsoft's stock price has taken a beating right along with everyone else, they've tracked ...

Speculation: HP acquisition of EDS true culprit behind John McHugh leaving HP ProCurve | ...
Jun. 11, 2008
It is pure speculation by yours truly, but nonetheless quite intriguing that HP's acquisition of EDS could in fact be the cause of John McHugh leaving as vice president and worldwide general manager of HP ProCurve. ...

Carriers mobilize for $24B in military telecom contracts
Dec. 04, 2007
It's the high-tech spoils of war: The U.S. military plans to award telecommunications contracts worth as much as $24 billion, and the top-tier carriers are signing up to get a piece of the action.

Why 1984 won't be like 1984 for HP/EDS | NetworkWorld.com Community
May. 14, 2008
Electronic Data Systems is giving the process a go again, this time being acquired by HP. I lived through the General Motors acquisition of EDS back in the 80's as a Systems Engineer at EDS. The EDS back then was a ...

merger | NetworkWorld.com Community
Sep. 26, 2008
Community: Data Center merger If HP is wise, it will use this opportunity to leverage the excellent workers of EDS and rid EDS of the absolutely awful mid management team. This team is notorious amongst the ...

Top 5 Strategies For Surviving A Recession | NetworkWorld.com Community
Sep. 18, 2008
Layoffs. Recession. Bad economy. Job hunting. Those are the topics around many water coolers right now. I was quite a bit younger but I lived through and tried to get a job right out of college during the recession of ...

What are the next moves | NetworkWorld.com Community
May. 23, 2008
Community: Network Management What are the next moves With merger between HP and EDS, now is the expectation on the movement of other giant of this sector, Dell Computer After any years loosing for it's ...

Does HP keep IBM up at night? | NetworkWorld.com Community
May. 20, 2008
It's no secret that HP and IBM continue to race neck-and-neck toward being the world's largest technology vendor. And HP couldn't be more open about its intention to knock IBM out of any top spot it may hold with ...

"In a word -- big revenues," says Ben Pring, research vice president at Gartner... | ...
May. 14, 2008
Community: Network Management "In a word -- big revenues," says Ben Pring, research vice president at Gartner... "In a word -- big revenues," says Ben Pring, research vice president at Gartner. Clearly Ben Pring ...

EDS-HP merger a good thing for HP Software | NetworkWorld.com Community
May. 14, 2008
Community: Network Management EDS-HP merger a good thing for HP Software EDS is currently a large CA account, but this deal will make it more probable that HP software will - at least partially - replace CA in ...

Ullal departure sign of Cisco transformation | NetworkWorld.com Community
May. 13, 2008
The departure of Jayshree Ullal this week is another indicator of Cisco's transformation from a networking company in to an IT company, according to one analyst. The recent exodus of top executives from Cisco - Ullal ...

HP targets Big Blue with EDS buy | NetworkWorld.com Community
May. 13, 2008
HP today announced it plans to acquire EDS for close to $14 billion, or $25 per share of EDS stock -- a deal which has some industry watchers speculating if HP has what it takes to handle large-scale acquisitions with ...

What EDS is telling its people about HP deal | NetworkWorld.com Community
May. 13, 2008
With news just having broken that HP has officially reached an agreement to buy EDS for almost $14 billion, here's what EDS CEO Ron Rittenmeyer is telling the troops in an e-mail distributed this morning and passed ...

Cisco CEO John Chambers likes to read Network World Magazine | NetworkWorld.com Community
May. 07, 2008
In a very interesting Q & A session with Cisco CEO - John Chambers: Up Close & Personal A featured article on pages 94 and 95 of synnovation magazine published by EDS, Chambers was asked: What magazines do you read ...

EDS profile


Overview

2005 NW200 rank: 14
2004 NW200 rank: 14

Revenue

Total '05 revenue (in $M)   19757
'04-'05 revenue change   -4%
'01-'05 CAGR revenue   -2%

Profit

Profit or loss (in $M)   150
Change from '04   -5
As percentage of revenue 1   1
CAGR, '01-'05   -42

Employees

Number of employees   119000
'04 - '05 change   2
Revenue per employee   166025

Misc.

Mkt Cap as of 3/19/05 ($M)   14180
Cash/investments ($M)  
Year inc.   1962
Fiscal year ends   Dec

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