M&A Deal Summary

Electronic Data Systems Acquires SHL Systemhouse

On April 22, 1999, Electronic Data Systems acquired information technology company SHL Systemhouse from MCI Communications

Acquisition Highlights
  • This is Electronic Data Systems’ 1st transaction in the Information Technology sector.
  • This is Electronic Data Systems’ 1st transaction in Canada.
  • This is Electronic Data Systems’ 1st transaction in Ontario.

M&A Deal Summary

Date 1999-04-22
Target SHL Systemhouse
Sector Information Technology
Buyer(s) Electronic Data Systems
Sellers(s) MCI Communications
Deal Type Divestiture

Target

SHL Systemhouse

Ottawa, Ontario, Canada
SHL Systemhouse, Inc. is a provider of information technology services.

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Buyer(S) 1

Buyer

Electronic Data Systems

Plano, Texas, United States

Category Company
Founded 1962
Sector Information Technology
DESCRIPTION

Electronic Data Systems Corp. is a multinational information technology equipment and services company.


DEAL STATS #
Overall 2 of 8
Sector: Information Technology M&A 1 of 5
Type: Divestiture M&A Deals 1 of 1
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 1999 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1990-10-04 Appex

Waltham,, Massachusetts, United States

Appex is a provider of information systems and value-added network services to cellular telephone carriers.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2001-04-02 Systematics AG

Hamburg, Germany

Systematics AG is an IT services company. Systematics provides integrated e-business and IT solutions to a broad client base. It currently serves clients through four divisions: e-consulting, e-applications, systems services and hosted services.

Buy $570M

Seller(S) 1

SELLER

MCI Communications

Washington, District of Columbia, United States

Category Company
Founded 1963
Sector Communications
DESCRIPTION

MCI Communications Corp. was an American telecommunications company formed in 1963.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 1999 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1995-09-20 SHL Systemhouse

Ottawa, Ontario, Canada

SHL Systemhouse, Inc. is a provider of information technology services.

Buy $1.0B