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COMPUTER HARDWARE & SERVICES | IT Services
eds.com

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Investments

13

Portfolio Exits

6

Partners & Customers

10

About Electronic Data Systems

Electronic Data Systems (EDS), an HP company, is a global technology services company delivering business solutions to clients. EDS delivers a broad portfolio of information technology and business process outsourcing services to clients in the manufacturing, financial services, healthcare, communications, energy, transportation, and consumer and retail industries and to governments around the world.

Electronic Data Systems Headquarter Location

500 Renaissance Center

Detroit, Michigan, 48243-1929,

United States

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Latest Electronic Data Systems News

This Day In Market History: Electronic Data Systems Goes Public

Sep 12, 2018

Share: What Happened Where The Market Was The Dow Jones Industrial Average closed at 915.65 and the S&P 500 traded at 100.52. Today, the Dow is trading at 25,971.06 and the S&P 500 is trading at 2,887.89. What Else Was Going On In The World In 1968, civil rights leader Dr. Martin Luther King Jr. was assassinated by James Earl Ray. The average American earned $7,850 per year. Electronic Data Systems IPO H. Ross Perot founded Electronic Data Systems in Plano, Texas in 1962. The company was a pioneer in facilities management and early IT services. In 1967, Morton H. Meyerson proposed a business model that would later become known as “outsourcing,” which led to major business growth for EDS. In September 1968, EDS went public at a price of $16.50 per share, which was about 118 times its EPS at the time . The modest IPO sold roughly 650,000 shares of stock, half of which belonged to Perot, and raised a total of $10 million. By early 1970, EDS shares had topped $160. Perot leveraged the success of EDS to amass a net worth of $4.1 billion. Younger Americans may remember Perot best from his 1992 presidential campaign, in which he earned 18.9 percent of the popular vote as an independent candidate. Today, EDS is a subsidiary of DXC Technology Co (NYSE: DXC ). Related Links:

Electronic Data Systems Investments

13 Investments

Electronic Data Systems has made 13 investments. Their latest investment was in Nanosolar as part of their Series D on March 3, 2008.

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Electronic Data Systems Investments Activity

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Electronic Data Systems Portfolio Exits

6 Portfolio Exits

Electronic Data Systems has 6 portfolio exits. Their latest portfolio exit was CenterBeam on June 18, 2013.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

6/18/2013

Acquired

$99M

1

3/22/2007

Acquired

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$99M

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0

1/1/2006

Acquired

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10

7/12/2004

Acquired

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0

6/20/2002

Acquired

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0

Date

6/18/2013

3/22/2007

1/1/2006

7/12/2004

6/20/2002

Exit

Acquired

Acquired

Acquired

Acquired

Acquired

Companies

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Valuation

$99M

$99M

Acquirer

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Sources

1

0

10

0

0

Electronic Data Systems Acquisitions

4 Acquisitions

Electronic Data Systems acquired 4 companies. Their latest acquisition was Saber Consulting on November 13, 2007.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

11/13/2007

$99M

Acquired

1

6/26/2007

Other

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$99M

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10

1/12/2004

Series B

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$99M

$99M

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10

8/17/2001

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$99M

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10

Date

11/13/2007

6/26/2007

1/12/2004

8/17/2001

Investment Stage

Other

Series B

Companies

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Valuation

$99M

$99M

$99M

$99M

Total Funding

$99M

Note

Acquired

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Sources

1

10

10

10

Electronic Data Systems Partners & Customers

10 Partners and customers

Electronic Data Systems has 10 strategic partners and customers. Electronic Data Systems recently partnered with Butterfield Group on November 11, 2008.

Date

Type

Business Partner

Country

News Snippet

Sources

11/3/2008

Client

Bermuda

The Bank of N.T. Butterfield Bank Selects EDS, an HP Company, as Third-Party Provider of Information Technology Services.

EDS partner Oracle , via its Oracle , will provide the Bank 's core banking system , which EDS will implement .

2

1/29/2007

Client

United States

EDS and Dell Expand Scope of Existing Relationship.

Joe Marengi , senior vice president of Dell , sees the relationship with EDS as an opportunity to introduce additional customers to a more efficient way of managing their information technology .

1

4/19/2005

Partner

Israel

April 19, 2005 - Yokneam, Israel. LUMENIS ANNOUNCES WORLDWIDE IT OUTSOURCING AGREEMENT WITH EDS: Lumenis

Yokneam , Israel , April 19 , 2005 -- Lumenis , a global developer , manufacturer and seller of laser and light-based devices for medical , aesthetic , ophthalmic , dental and veterinary applications , announced today it has reached agreement to outsource its global IT services to EDS Israel , a wholly-owned subsidiary of Electronic Data Systems Corporation .

1

2/1/2005

Vendor

Ireland

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10

1/27/2005

Client

United States

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10

Date

11/3/2008

1/29/2007

4/19/2005

2/1/2005

1/27/2005

Type

Client

Client

Partner

Vendor

Client

Business Partner

Country

Bermuda

United States

Israel

Ireland

United States

News Snippet

The Bank of N.T. Butterfield Bank Selects EDS, an HP Company, as Third-Party Provider of Information Technology Services.

EDS partner Oracle , via its Oracle , will provide the Bank 's core banking system , which EDS will implement .

EDS and Dell Expand Scope of Existing Relationship.

Joe Marengi , senior vice president of Dell , sees the relationship with EDS as an opportunity to introduce additional customers to a more efficient way of managing their information technology .

April 19, 2005 - Yokneam, Israel. LUMENIS ANNOUNCES WORLDWIDE IT OUTSOURCING AGREEMENT WITH EDS: Lumenis

Yokneam , Israel , April 19 , 2005 -- Lumenis , a global developer , manufacturer and seller of laser and light-based devices for medical , aesthetic , ophthalmic , dental and veterinary applications , announced today it has reached agreement to outsource its global IT services to EDS Israel , a wholly-owned subsidiary of Electronic Data Systems Corporation .

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Sources

2

1

1

10

10

Electronic Data Systems Team

25 Team Members

Electronic Data Systems has 25 team members, including former Chief Executive Officer, David Caspari.

Name

Work History

Title

Status

David Caspari

Singtel Optus, Hewlett-Packard, Cisco, and Nortel Networks

Chief Executive Officer

Former

Stefan Leser

Jumeirah Group, and Kuoni Travel

Chief Executive Officer

Former

James J. Rossiter

Chief Executive Officer

Former

Jerome L Davis

President

Former

H. William Gordon

President

Former

Name

David Caspari

Stefan Leser

James J. Rossiter

Jerome L Davis

H. William Gordon

Work History

Singtel Optus, Hewlett-Packard, Cisco, and Nortel Networks

Jumeirah Group, and Kuoni Travel

Title

Chief Executive Officer

Chief Executive Officer

Chief Executive Officer

President

President

Status

Former

Former

Former

Former

Former

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