Goodbye EDS, hello HP Enterprise Services

Strategy

Another grand old name in the IT industry bites the dust. EDS is being renamed.

Formed in the early 1960s, EDS (Electronic Data Systems) was a pioneer of what we now refer to as IT outsourcing.

The company was founded by Ross Perot, and went through a series of ownership changes over the decades, culminating in its 2008 acquisition by HP.

EDS has now been renamed HP Enterprise Services.

"Our clients expect us to harness the full power of HP's portfolio to solve their business challenges," said Joe Eazor, senior vice president and general manager, HP Enterprise Services.

"Today we are combining the strong services brand equity that EDS has built over the last 47 years with HP's technology leadership to become the leading IT services provider. We will continue to deliver the same service excellence that our clients have come to expect," he added.

Reflecting this change, HP's Technology Solutions Group has also been renamed HP Enterprise Business.

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