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Eudora was developed in 1988 by Steve Dorner, who worked at the Computer Services Organization of the University of Illinois at Urbana–Champaign. [4] The software was named after American author Eudora Welty, because of her short story "Why I Live at the P.O."; [5] [6] Dorner rearranged the title to form the slogan "Bringing the P.O. to Where You Live" for his software. [7]
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Following this purchase, the business changed its name to Hermes. [8] Hermes continues to be the principal investment manager for the BT Pension Scheme (BTPS) and since 2012 has sought to create a third-party client base. In 2014, Hermes re-branded as Hermes Investment Management, to reflect its being a fast growing global investment management ...