Electronic Data Systems

…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…

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.