▁consult ing ▁company ▁M phas is ▁Corporation ▁( f ounded ▁in ▁ 1 9 9 8 ▁in ▁Santa ▁Mon ica ▁by ▁Jerry ▁R ao ▁and ▁J ero en ▁Tas .) ▁and ▁the ▁Indian ▁IT ▁services ▁company ▁B FL ▁Software ▁Limited ▁( f ounded ▁in ▁ 1 9 9 2 ). ▁ ▁In ▁June ▁ 2 0 0 6 ▁Electron ic ▁Data ▁Systems ▁( ED S ) ▁purchased ▁a ▁cont rolling ▁st ake ▁in ▁the ▁company ▁( 4 2 %) ▁for ▁$ 8 0 ▁million ▁and ▁operated ▁the ▁company ▁as ▁an ▁independent ▁E DS ▁unit . ▁ ▁H ew lett - Pack ard ▁and ▁M phas is ▁On ▁ 1 3 ▁May ▁ 2 0 0 8 , ▁H ew lett - Pack ard ▁confirmed ▁that ▁it ▁had ▁reached ▁a ▁deal ▁with ▁Electron ic ▁Data ▁Systems ▁to ▁ac quire ▁the ▁company ▁for ▁$ 1 3 . 9 ▁billion . ▁The ▁deal ▁was ▁completed ▁on ▁ 2 6 ▁August ▁ 2 0 0 8 . ▁ ▁In ▁September ▁ 2 0 0 9 ▁M phas is ▁changed ▁its ▁brand ▁identity ▁by ▁dro pping ▁E DS ▁association ▁to ▁become ▁" M phas is , ▁an ▁H P ▁Company " ▁after ▁H P ▁retired ▁E DS ▁Brand ▁to ▁become ▁" HP ▁Enter prise ▁Services ". ▁M phas is ▁operated ▁as ▁an ▁independent ▁H P ▁subs idi ary ▁with ▁its ▁own ▁board ▁and ▁continued ▁to ▁be ▁listed ▁on ▁Indian ▁mark ets ▁as ▁" M phas is ▁Limited ". ▁H P ▁owned ▁close ▁to ▁ 6 2 % ▁in