Investments
13Portfolio Exits
7Partners & Customers
10About 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.
Latest Electronic Data Systems News
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.
Electronic Data Systems Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
3/7/2008 | Series D | Nanosolar | $300M | Yes | ||
10/11/2001 | Series D | Uniscape | $18.5M | Yes | ||
7/10/2001 | Unattributed VC - II | Sanctum | $30M | Yes | ||
6/11/2001 | Series B | |||||
3/9/2001 | Unattributed VC |
Date | 3/7/2008 | 10/11/2001 | 7/10/2001 | 6/11/2001 | 3/9/2001 |
|---|---|---|---|---|---|
Round | Series D | Series D | Unattributed VC - II | Series B | Unattributed VC |
Company | Nanosolar | Uniscape | Sanctum | ||
Amount | $300M | $18.5M | $30M | ||
New? | Yes | Yes | Yes | ||
Co-Investors | |||||
Sources |
Electronic Data Systems Portfolio Exits
7 Portfolio Exits
Electronic Data Systems has 7 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 | 1 | |||
Date | 6/18/2013 | ||||
|---|---|---|---|---|---|
Exit | Acquired | ||||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 1 |
Electronic Data Systems Acquisitions
5 Acquisitions
Electronic Data Systems acquired 5 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 | Acquired | 1 | ||||
6/26/2007 | Other | |||||
1/12/2004 | Series B | |||||
8/17/2001 | ||||||
1/1/1995 |
Date | 11/13/2007 | 6/26/2007 | 1/12/2004 | 8/17/2001 | 1/1/1995 |
|---|---|---|---|---|---|
Investment Stage | Other | Series B | |||
Companies | |||||
Valuation | |||||
Total Funding | |||||
Note | Acquired | ||||
Sources | 1 |
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 | 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 | 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 | ||||
1/27/2005 | Client |
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 | ||
News Snippet | 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 . | 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 . | ||
Sources | 2 | 1 | 1 |
Electronic Data Systems Team
29 Team Members
Electronic Data Systems has 29 team members, including former Chief Executive Officer, David Caspari.
Name | Work History | Title | Status |
|---|---|---|---|
David Caspari | UNSW Global, Singtel Optus, Hewlett Packard Enterprise, Hewlett-Packard, Cisco, and Nortel Networks | Chief Executive Officer | Former |
Name | David Caspari | ||||
|---|---|---|---|---|---|
Work History | UNSW Global, Singtel Optus, Hewlett Packard Enterprise, Hewlett-Packard, Cisco, and Nortel Networks | ||||
Title | Chief Executive Officer | ||||
Status | Former |
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