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Dell to buy Perot Systems for $3.9 billion

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onehandle Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-21-09 12:06 PM
Original message
Dell to buy Perot Systems for $3.9 billion
Edited on Mon Sep-21-09 12:08 PM by onehandle
Source: Reuters

NEW YORK (Reuters) -
Dell Inc plans to buy Perot Systems Corp for about $3.9 billion, paying a steep 67.5 percent premium to expand its technology services business to compete with Hewlett-Packard Co and IBM.

snip...

Dell said the acquisition would help it provide a broader range of services, particularly to large enterprises including in the healthcare and government segments. Dell expects the deal to add to its earnings in its fiscal year 2012.

Perot specializes in providing business processes and technology consulting services, with a strong client base among healthcare, government and other commercial segments.

It also has a strong global presence, with over a third of its employees based in India.

Read more: http://tech.yahoo.com/news/nm/20090921/tc_nm/us_perot_dell_7



Republican Dell buys a new avenue to keep sending jobs out of America.
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Deja Q Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-21-09 12:08 PM
Response to Original message
1. Ironic; Pert - circa 1992 election - was talking of jobs making a flushing sound as they left the US
Perot would have done it anyway, if he were elected.
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gmoney Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-21-09 12:18 PM
Response to Original message
2. Note also how Perot has made a huge chunk of its fortune with gummint contracts
wonder if there's any way legislation can be introduced that US gummint contract work has to be done by US based employees at US based facilities?
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