Dell to buy Perot Systems for $3.9 billion

From CNET News.com: Dell announced Monday that it will buy IT services provider Perot Systems for $3.9 billion.

The two companies expect to provide a broad range of IT services and solutions, expanding the global reach of Perot Systems, and selling Dell computer systems to additional Perot customers.

"This significantly expands Dell's enterprise-solutions capabilities and makes Perot Systems' strengths available to even more customers around the world," said Dell CEO Michael Dell. "There will be efficiencies from combining the companies, but the acquisition makes such great sense because of the obvious ways our businesses complement each other."

Perot Systems, founded by former Presidential candidate Ross Perot, provides IT services and business solutions to customers in healthcare, government, manufacturing, banking, and insurance. The company has built a large customer base in North America, Europe, the Middle East and Africa, and Asia.

"Today's announcement is the next step in formalizing a relationship that has flourished for some time," said Perot Chairman Ross Perot Jr. "When my father founded Perot Systems he envisioned a global information-technology leader. The new, larger Dell builds on that promise and its own successes by taking Perot Systems' expertise to more customers than ever."

View: Article @ Source Site