3.01%QQQQ 43.66 3.24%XLF 20.98 4.90%
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HERNDON, Va. - Electronic Data Systems Corp. said Monday it was awarded a $42.8 million contract by the Ohio Department of Taxation to modernize the state's tax and revenue system.
| EDS | 24.96 |  0 |
Under terms of the 4.5-year contract, EDS unit Saber Government Solutions will simplify and streamline tax services to and collect state taxes more efficiently, the information-technology company said.
Saber will consolidate 23 major state tax types from 27 legacy applications and databases into a single application.
EDS shares rose 10 cents to $24.67 in afternoon trading.
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