Who acquired Electronic Data Systems for $2.4 billion in 1984?
IBM
AT&T
Hewlett-Packard
General Motors
Answer
General Motors, the famed automotive giant, made a strategic move in 1984 by acquiring Electronic Data Systems (EDS) for $2.4 billion. This acquisition signaled GM's foresight in recognizing the burgeoning importance of information technology in the automotive industry and beyond. By integrating EDS's expertise, GM aimed to streamline its operations, enhance efficiency, and gain a competitive edge in the rapidly evolving technological landscape.
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