6048253 submission Submission + - HP drops EDS brand, renames technology group (cio.com.au) Submitted by Dan Jones on Wednesday September 23, 2009 @08:39PM Dan Jones writes: In May last year HP completed the deal to buy EDS for just under $14 billion and promised that the company brand will continue. Well a little over a year later and HP has announced it will leave the EDS brand behind and rename its IT services business HP Enterprise Services. Is anyone surprised by the move? When HP acquired Mercury a couple of years ago the first thing it did was sunset the brand. HP is also renaming its Technology Solutions Group to HP Enterprise Business. EDS was founded in 1962 and in a sense established what became known as the IT services market.