HP Rebrands EDS as HP Enterprise Services

Hewlett-Packard Co. is rebranding Electronic Data Systems as HP Enterprise Services

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    NEWSLETTERS

    AP
    Hewlett-Packard Co. is re-branding Electronic Data Systems as HP Enterprise Services.

    Hewlett-Packard Co. is rebranding Electronic Data Systems as HP Enterprise Services.

    Wednesday's announcement came roughly one year California-based HP bought Plano-based EDS in a blockbuster $13.9 billion deal.

    The buyout of EDS, founded by Dallas billionaire and former presidential candidate Ross Perot, more than doubled the size of HP's technology services business.

    HP cast the renaming as an important step in integrating the company, a process that has included nearly 25,000 layoffs.

    It comes as rival Round Rock-based Dell Inc. is set to make a similar push into technology services, buying Perot Systems Corp., another Ross Perot company, for $3.9 billion.