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EDS, an HP Company, Becoming HP Enterprise Services

Oct. 12, 2009

PALO ALTO, Calif., Sept. 23, 2009 –- HP today announced that EDS, an HP company, will become HP Enterprise Services. The name change marks the next major step in a year-long integration of EDS into HP and emphasizes the growing global role of enterprise ...

Amy Fischbach

“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.”

To reflect the positive impact the EDS acquisition has made in expanding the breadth and depth of HP capabilities, the Technology Solutions Group will be renamed the HP Enterprise Business. This group is focused on business and government organizations of all sizes. In addition to enterprise services, its portfolio includes servers, storage, software, networking and technology services.

During the third quarter of fiscal year 2009, the HP Enterprise Business accounted for 47 percent of the company's revenue and 60 percent of its non-GAAP operating profit.(1) All HP Enterprise Business units will continue to report to Ann Livermore, executive vice president of HP.

“Customers are facing tough challenges in their technology environments,” said Livermore. “Challenges such as a rigid infrastructure, increasing applications and information complexity are restricting the speed in which IT can add value to the business. HP is the best at helping customers manage and transform their technology environments to deliver better business outcomes.”

About HP

HP, the world's largest technology company, simplifies the technology experience for consumers and businesses with a portfolio that spans printing, personal computing, software, services and IT infrastructure. More information about HP (NYSE: HPQ) is available at http://www.hp.com/.

Contact:

Cristina Gutierrez

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About the Author

Amy Fischbach | Field Editor

Amy Fischbach is the field editor for the Electric Utility Operations section of Transmission & Distribution World. She worked for Prism Business Media (now Penton) for eight years, most recently as the managing editor of Club Industry's Fitness Business Pro magazine. She is now working as a freelance writer and editor for B2B magazines. Amy earned her bachelor's and master's degrees in journalism from Kansas State University in Manhattan, Kansas. She serves as the national vice president of the American Society of Business Publication Editors. She can be reached at [email protected].