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Articles about Eds

Hey HP: You may not rate Autonomy, EDS, but buyers do

Potential buyers are probing Hewlett-Packard over EDS and Autonomy, according to reports. Bloomberg reports that HP has received an “increase in enquiries” following a recent regulatory filing saying it would dispose of businesses that don’t meet goals. The Wall St Journal says overtures have come mainly from other US tech …
Gavin Clarke, 17 Jan 2013
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HP writes down a whopping $8bn from EDS gobble

Hewlett-Packard has taken a fine-toothed comb to its Enterprise Services business and said it needs to write down $8bn in goodwill assets - presumably most of which come from its $13.9bn acquisition of services giant Electronic Data Systems back in May 2008. HP, which is restructuring, also announced that John Visentin, who was …
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EDS' dodgy Sky contract costs HP £318m

HP will pay Sky a total of £318m to settle a landmark court case over a botched customer service systems deal. The deal was worth only £48m when it was won in 2000 by EDS, which HP bought in 2008. Sky parted with the contractor acrimonously in 2001, and the installation eventually took six years and cost £265m, the High Court …
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HP puts own man in charge of ex-EDS

HP today stamped its authority on day-to-day operations at the former EDS by replacing the services unit's boss Joe Eazor with its own man, Tom Iannotti. Iannotti, previously managing director of HP Americas and Technology Solutions Group, will now run the group's global outsourcing operation, HP Enterprise Services. The unit …
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SEC probes whether Hurd leaked EDS buy info

The SEC has gotten on Mark Hurd's case, with an investigation that will look into whether the former HP boss passed on information about the acquisition of EDS to his nemesis, Jodie Fisher. The Wall Street Journal cites its favourite source – people familiar with the matter – to report that the inside information issue is part …
Joe Fay, 21 Dec 2010
globalisation

EDS man joins BT Services

Jeff Kelly, formerly of EDS, is taking on the challenge of sorting out BT's Global Services division. Kelly most recently ran EDS's services businesses in North America, he's a US citizen and has had a 25-year career with the firm. Kelly replaces Hanif Lalani a 26-year BT veteran. Lalani, an OBE, is a former CEO of BT Northern …
John Oates, 08 Jan 2010
The Register breaking news

Ex-actress 'accused Hurd of leaking HP's EDS buy'

When Mark Hurd resigned as HP CEO in early August, he stood accused not only of sexually harassing HP contractor and former soft-porn actress Jodie Fisher, but also of passing her insider information. According to The Wall Street Journal, a June 29 letter to Hurd from Fisher's lawyer said that "Hurd told her of HP's intention to …
Cade Metz, 07 Nov 2010
Kim Stevenson

Intel CIO jumps onto Cloudera's board, scattering cash

Intel chief information officer Kim Stevenson has joined the Board of Directors of Hadoop company Cloudera, bringing with her vast amounts of money. The Hadoop company announced the appointment on Monday, noting that Intel recently gave it an eye-watering $740m in funding as part of a $900m financing round that was announced in …
Jack Clark, 02 Jun 2014
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Microsoft ropes in EDS to punt online services

Microsoft has signed an agreement with Hewlett-Packard's EDS outfit and several other partners to help sell its range of online services. The company inked deals with EDS, Accenture and others to punt Microsoft's so-called Business Productivity Suite, which contains a bunch of Redmond products that are pumped out of its data …
Kelly Fiveash, 28 Apr 2009
The Register breaking news

EDS HP staff vote to strike

Members of the Public and Commercial Services Union (PCS) at the division of HP formerly known as EDS have voted by a more than three-quarters majority to go on strike over jobs and pay. Some 78 per cent voted for a walkout, with 92 per cent supporting action short of a strike including refusing to work overtime. PCS said its …
EDS

EDS hoovers up Reading networking firm

EDS has bought Reading-based firm Nexagent. Nexagent makes software for companies to design, manage, and provision virtual private networks, especially those for large companies which might include several regions. EDS said the buy was part of ongoing investments into its networking capabilities. It reckons Nexagent will mean it …
John Oates, 19 Mar 2008
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EDS mainframe goes titsup, crashes RBS cheque system

HP managers are reaping the harvest of their deep cost-cutting at EDS, in the form of a massive mainframe failure that crippled some very large clients, including the taxpayer-owned bank RBS. An IBM Z10 at EDS's Stockley Park site, west of London, fell over this week after vital microcode fixes* had not been applied, because all …
The Register breaking news

Top four EDS execs exit stage left

Four top EDS executives are leaving their jobs to "explore other opportunities" as part of the sprawling services company's layoff-and-pay-cut-heavy digestion by Hewlett-Packard. EDS will see Tom Haubenstricker, head of finance; Mike Koehler, head of EDS Americas region; and Mike Paolucci, head of human resources depart the the …
Austin Modine, 25 Apr 2009
The Register breaking news

EDS pays for tax failure

EDS has paid off Her Majesty's Revenue and Customs for its failure to provide a working tax credit system. EDS worked on the system from 1994 to 2004. The launch in 2003 was a disaster and led to over-payments totalling £2bn to almost two million people. Attempts by the Revenue to claw this money back led to even worse problems …
John Oates, 07 Jan 2009
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HP tosses EDS brand

Ross Perot's original IT services firm EDS has ceased to be. The brand name disappeared today after the company was bought by HP in May 2008 for $13.9bn. Visitors to EDS.com will find themselves redirected to HP Enterprise Services. HP said the move was "the next major step in a year-long integration of EDS into HP." The …
John Oates, 23 Sep 2009

Brit biz Phoenix IT Group confirms £16m of contract wins

A flurry of biz wins worth more than £16m were this morning confirmed by the new CEO at Phoenix IT Group - the man brought in to turn the loss-making British firm into a profit generating machine. Former EDS and Synstar exec Steve Vaughan, was hired in March to design a turnaround plan, which includes the, er, mind-blowing …
Paul Kunert, 16 Jul 2014
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EDS shareholders welcome HP overlords

Hewlett-Packard's proposed $13.9bn purchase of the computer services giant Electronic Data Systems (EDS) has been overwhelmingly approved by its shareholders. EDS said about 98.8 per cent of the company's shares of common stock were in favor of the acquisition. That number represents about 72 per cent of total EDS outstanding …
Austin Modine, 31 Jul 2008
EDS

EDS buys Brit security shop

EDS has bought Vistorm, a private UK business that flogs IT security and information assurance services to large companies. Terms are undisclosed. Vistorm is based in Cheshire, employs 220 people and claims revs of $100m a year. Royal Bank of Scotland, Nationwide and Balfour Beatty are outed as customers. The business retains …
Drew Cullen, 03 Apr 2008
Parliament House Canberra by Flickr user OzMark17 used under CC Share and Share alike licence

Information Technology Supplier Advocate job abolished

Australia has abolished its Information Technology Supplier Advocate, a Canberra-based role designed to help small biz jump through the hoops of government contracting. The incumbent, Don Easter, finishes work next Monday. The position of Information Technology Supplier Advocate was created in 2010 when, as Labor Senator Kate …
Simon Sharwood, 23 Jun 2014
Suitcase bulging with cash

Pivot3 puts former Perot exec in CEO hotseat

Ron Nash is the new CEO at Pivot3, a 10-year-old converged storage startup that has not been setting the world on fire. The company, founded in 2003 by Lee Caswell and Bob Galloway, aimed to build storage systems with server virtualisation embedded within, which it markets as "serverless computing". Today it has more than 600 …
Chris Mellor, 08 Nov 2013
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Europe approves HP purchase of EDS

Hewlett-Packard has received the blessings of the European Commission to swallow the computer service giant Electronic Data Systems (EDS) without regulatory fuss. It's also stuffed enough money into the mouths of naysaying investors to get the planned $13.9bn acquisition ready for a shareholder vote. In addition to an EU green …
Austin Modine, 25 Jul 2008
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HP forces swingeing pay cuts on EDS staff

HP is asking US based EDS staff to take their third pay cut of the year - this time as much as 30 per cent of their salaries. Staff in the UK and Ireland have already been asked to take cuts of up to five per cent, and have also been encouraged to take unpaid leave over the summer. But The Dallas Morning News reports that EDS …
John Oates, 06 Aug 2009
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US regulators lapse into state of approval for HP's EDS buy

US regulators are letting Hewlett-Packard's planned $13.9bn purchase of computer services giant Electronic Data Systems (EDS) go through without much anti-trust fuss. Both the Department of Justice and Federal Trade Commission have let the required competition law waiting period expire sans any requests for additional …
Austin Modine, 01 Jul 2008
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HP-EDS combo makes General Motors 'uncomfortable'

HP commands one third of General Motors' $15bn annual technology budget, following its takeover of EDS. And GM doesn't like it. Ralph Szygenda, chief information officer at GM, told Bloomberg that the takeover made his company "somewhat uncomfortable. The question is, do I have too much in one bucket? Down deep, economics tells …
Drew Cullen, 17 Oct 2008
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EDS ruling won't mean overhaul for IT procurement

IT companies will not have to conduct a total overhaul of their sales processes in the aftermath of a long-awaited court ruling this week, a technology law expert has said. The ruling focused on the dishonesty of one employee, not a whole company. BSkyB hired IT company EDS to build it a £48m customer relationship management …
OUT-LAW.COM, 28 Jan 2010

HP re-elects all directors

The decisions to acquire Palm, Autonomy and EDS, all of which are hard to qualify as qualified successes, have failed to result in any of Hewlett Packard's board members losing their seats. The eleven-strong board all survived yesterday's annual general meeting, despite previous rumblings that some were likely to feel …
Simon Sharwood, 21 Mar 2013
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HP and EDS kill nearly 3,500 UK jobs

EDS and Hewlett-Packard will slash its UK workforce by 3,378 jobs over the next two years, according to the Public and Commercial Services union. The union, which has more than 2,000 EDS members, said in a statement this afternoon that the figure was higher than had been feared, and warned that the move would greatly affect …
Kelly Fiveash, 08 Oct 2008
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HP, EDS slash internal spending

HP owes EDS more than a little thanks for its respectable fourth quarter. But that hasn't stopped the IT giant from putting the financial squeeze on its new acquisition. In a recent internal memo leaked to The Reg, EDS CEO Ron Rittenmeyer lays down "a series of corporate-wide actions to reduce discretionary spending." According …
Cade Metz, 03 Dec 2008
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EDS hits job cut target

EDS told The Register today that it has axed around 250 jobs following its limited voluntary redundancy plan offered to more than 2,500 UK-based staff last month. An EDS spokesman said that the company was "satisfied" that its latest job cull had "met expectations". The outsourcing firm, which holds a number of key public …
Kelly Fiveash, 05 Feb 2008
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HP measuring up necks of global EDS staff?

Hewlett-Packard is readying the axe to make job cuts in the UK and worldwide following the tech giant’s takeover of services firm EDS last month, according to the UK’s largest union. The company is set to make announcements later today about its restructuring plans for EDS staff. A “substantial” job cull in Blighty and across …
Kelly Fiveash, 15 Sep 2008

Phoenix IT Group is FIGHTING BACK

A fightback has begun at beleaguered Phoenix IT Group after the services provider confirmed it has at last filled the vacant CEO post and is proposing a share placement to pay down debts. It is 17 months since previous top dog Dave Courtley called it a day at Phoenix, but finally the Northampton-based firm has lured in former …
Paul Kunert, 12 Mar 2014
EDS

EDS shows one in four staff the door

EDS is offering a quarter of its US staff early retirement as it seeks to move more and more of its operations to cheaper territories. The outsourcing specialist is offering 12,000 people extra benefits if they take early retirement. Staff have until 30 October to accept or decline the offer. EDS shares fell just over two per …
John Oates, 13 Sep 2007
The Register breaking news

EDS carpeted for struggling prison project

The Ministry of Justice has hauled in EDS for what promises to be a lively discussion about the future of the prisoner record programme. The National Offender Management Information Service (NOMIS) was meant to provide a central database for offender records to link prisons and the probation service. Offenders would have one …
John Oates, 05 Dec 2008
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Union fears 3,000 EDS job cuts in UK

EDS management are bunkered in a hotel near Heathrow mulling the future of thousands of UK and Europe-based staff, following Hewlett-Packard’s decision to slash nearly 25,000 jobs earlier this week. Yesterday the Public and Commercial Services (PCS) union expressed fears that at least 3,000 UK workers would be given their …
Kelly Fiveash, 18 Sep 2008

HP gazes at own navel in UK boss search: We name tipped contenders

Folk inside HP are placing bets on which exec will fill the boots soon to be vacated by UK boss Nick Wilson. Long-standing loyalists Andy Isherwood and Martin Hess are said to be the main contenders. The ink is still drying on HP UK managing director Wilson's new employment contract: he will be transferred to Australia where he …
Paul Kunert, 30 Sep 2013
hands waving dollar bills in the air

HP offers EDS staff unpaid leave, cuts in hours

HP has emailed EDS staff offering unpaid leave and temporary cuts in hours and wages in an attempt to cut costs. Before the end of October staff can take either unpaid leave or a reduction in working hours. All breaks need to be negotiated with managers and there is a minimum take-up of five days. Workers can either take a week …
John Oates, 17 Jul 2009
Warning Stop

EDS hits TfL with restraining order

EDS has filed a restraining order against Transport Trading Limited, a Transport for London subsidiary, to stop it handing the £100m-a-year Oyster contract to Cubic. Cubic and EDS were majority partners in TranSys, which ran London's Oyster scheme. TfL, keen to get better value for money, was renegotiating the contract with both …
John Oates, 14 Aug 2008
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HP's EDS acquisition to kill 24,600 jobs

There was little doubt employee heads would roll when Hewlett-Packard, owner of a massive IT services organization, paid $13.9bn for EDS, a similarly sprawling IT services outfit. With Mark Hurd "the butcher" leading consolidation efforts at HP, employees could all but brace themselves for some substantial job culling. Well, HP …
Austin Modine, 15 Sep 2008
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BSkyB sues EDS for £709m

Media giant BSkyB is suing US IT outsourcing firm EDS for £709m in a High Court case that kicked off in London yesterday. The broadcaster alleges that EDS failed to fulfil obligations of a £48m contract for a customer service system that was first agreed in 2000. BSkyB's barrister in the case said the firm's subsequent …
Kelly Fiveash, 16 Oct 2007
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EDS beagles blast 'absurd' BSkyB

Lawyers for outsourcing omnicorp EDS branded BSkyB's claim for £709m damages over a customer management system contract "absurd and extravagant" in the High Court yesterday. The deal, inked in 2000, was meant to cost the broadcaster £48m. The installation eventually took six years to complete and cost £265m. When the trial …
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EDS nigh-on doubles profits

Outsourcing firm EDS reported a hike in profits on Wednesday evening, almost doubling its take from the same period in 2005. The fourth quarter of 2006 saw the firm rake in revenues of $5.7bn, up seven per cent like-for-like on a year earlier. On a GAAP basis that netted EDS $217m, or $0.40 per share in profit, compared to $ …

HP's Machine and IBM's $3bn R&D splash – aka how to survive Google

IBM and HP are trying to invent their way out of severe problems that lurk in their future. Both companies face slowing sales in some of their traditional high-margin areas, like enterprise servers and other on-premises hardware. And both are having a tough time converting existing business divisions over to selling the high- …
Jack Clark, 23 Jul 2014
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EDS sharpens axe for another 90 UK staff

IT outsourcing giant EDS will axe up to 90 UK-based jobs by the end of this month as part of its "ongoing restructuring and re-skilling programme". Workers at the firm were told yesterday that EDS has pinpointed some 700 jobs, where staff can apply for voluntary redundancy. This includes 333 at its business management unit. An …
Kelly Fiveash, 02 May 2008
The Register breaking news

GCHQ outsources net snooping... to EDS

The government has outsourced parts of its biggest ever mass surveillance project to the disaster-prone IT services giant formerly known as EDS, The Register has learned. HP contractors are busily helping GCHQ build systems to allow data mining of every communication online, even though the government's response to a limited …
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HP skims another 10% off some EDS workers' pay packets

Hewlett-Packard has confirmed its EDS employees in the US and Puerto Rico will have their base salaries cut an additional ten per cent for April 2009 only. The company told its staff late on Friday that some workers would temporarily suffer a second drop in pay to help HP execs steer the services outfit through tough economic …
Kelly Fiveash, 16 Mar 2009
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Dell calls in EDS man to head up services

Dell has named Steve Schuckenbrock, late of EDS, as the new head of its global services division. Schuckenbrock was one of two chief operating officers at EDS - he left the company in May. EDS joined forces with Dell, and other hardware companies, in late 2004 to form the Agility Alliance whereby EDS provided services on top of …
John Oates, 13 Dec 2006
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Deutsche Telekom eyeing up EDS

Deutsche Telekom could make a bid for services giant EDS in a bid to boost its own services business. The two firms have had preliminary talks about a takeover, according to the Financial Times, which cites “people familiar with the situation”. A takeover could see EDS merged into DT’s T-Systems division, with the combined …
Joe Fay, 20 Nov 2007
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EDS buys into India

Services behemoth EDS is buying MphasiS, an Indian outsourcing firm for $380m. Although the price of MphasiS shares, about $4.58 per share, represents a 30 per cent increase on their six month average price, investors were not impressed. MphasiS shares on the Bombay stock exchange fell 1.8 per cent to 212 rupees. The deal …
John Oates, 04 Apr 2006
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HP could impose compulsory redundancies for EDS staff

EDS UK and Ireland-based employees will face compulsory firings if Hewlett-Packard doesn’t hit its targets for voluntary redundancies for the first half of its fiscal 2009, The Register has learned. HP confirmed last month that it would axe 3,378 jobs in the UK. Around 90 per cent of these are understood to be EDS staff. The …
Kelly Fiveash, 28 Nov 2008
The Register breaking news

Royal Society hosts edit-a-thon to get women onto Wikipedia

The Royal Society is hosting an edit-a-thon for Wikipedia, signing up a bunch of contributors to spend one day adding and editing articles about female scientists including black female neurosurgeon Alexa Canady and UCL Biomedical Imaging expert Eleanor Maguire. The Wiki-eds will have access to a whole host of material from the …
Anna Leach, 19 Oct 2012