Electronic Data Systems (EDS) was an American multinational information technology equipment and services company headquartered in Plano, Texas. In 1984, General Motors agreed to buy EDS for $2.5 billion. In 1996, GM spun off EDS again as an independent company, and then became one of its largest clients. On May 13, 2008, Hewlett-Packard Co. confirmed that it had reached a deal with Electronic Data Systems to acquire the company for $13.9 billion
H. Ross Perot is shown in this Oct. 30, 1968 photo, as Electronic Data Systems Corp. chairman in Plano, Texas. In 1984 Perot, founder of EDS, sold his company to GM for $2.5 billion. On Monday, Aug. 7, 1995, GM announce it will spin off EDS, making it an independent company.
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