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Electronic Data Systems
American company
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founding by Perot
- In Ross Perot
…and formed his own company, Electronic Data Systems (EDS), to design, install, and operate computer data-processing systems for clients on a contractual basis. EDS grew by processing medical claims for Blue Cross and other large insurance companies, and in 1968 Perot took the firm public in a shrewdly managed share…
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General Motors Corporation
- In General Motors: Global expansion
It bought Electronic Data Systems Corporation, a large data-processing company, in 1984 and acquired the Hughes Aircraft Company, a maker of weapons systems and communications satellites, in 1986.
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