Electronic_Data_Systems Electronic_Data_Systems

Electronic Data Systems - Definition and Overview

Electronic Data Systems Corp

Logo_eds.gif
EDS logo

Type Public
Slogan
Founded 1962
Location Plano, TX
Key people Michael Jordan, CEO & Chairman
Employees 132,000
Products Computer Services
Web site www.eds.com


Electronic Data Systems (EDS) (NYSE: EDS (http://www.nyse.com/about/listed/lcddata.html?ticker=EDS)) is a global information technology services company that was established in 1962 by Ross Perot and is headquartered in Plano, Texas. General Motors acquired the company in 1984. EDS became an independent company again in 1996. In 2000 it employed 128,000 people located in 58 countries, and reported revenues of US$19.2 billion. 22% of that revenue came from contracts with the United States government, a slightly smaller amount from contracts with General Motors (their largest single client), and 42% from outside the United States.

Customers

EDS has been granted several United States military contracts. In 2000, they closed a contract for the creation of a $9 billion intranet linking the Navy and the Marine Corps. This initiative is known as the Navy Marine Corps Intranet, or simply NMCI. EDS was granted additional contracts with the 21st century wars in Afghanistan and Iraq.

External links

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