Dell and Perot Systems have entered a definitive agreement for Dell to acquire Perot Systems in a transaction valued at approximately $3.9 billion. Terms of the agreement were approved yesterday by the boards of directors of both companies.
The acquisition will result in a compelling combination of two iconic information-technology brands. The expanded Dell will be even better positioned for immediate and long-term growth and efficiency driven by:
- Providing a broader range of IT services and solutions and optimizing how they’re delivered;
- Extending the reach of Perot Systems’ capabilities, including in the most dynamic customer segments, around the world; and,
- Supplying leading Dell computer systems to even more Perot Systems customers.
“ We consider Perot Systems to be a premium asset with great people that enhances our opportunities for immediate and long-term growth. This significantly expands Dell’s enterprise-solutions capabilities and makes Perot Systems’ strengths available to even more customers around the world. 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.” said Michael Dell, Chairman of the Board and Chief Executive Officer, Dell.
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