From the Pages of The New York Times: Dell to Acquire Perot Systems

September 21, 2009 at 7:53 pm Leave a comment

Dell has taken action on founder Michael Dell’s long-term vision of putting the company’s cash stockpile toward acquisitions in the services field, paying a sizeable $3.9 billion in order to acquire I.T provider Perot Systems (founded more than 20 years ago by former Presidential candidate Ross Perot).

Although in a statement Dell calls the acqusisition “a premium asset with great people that enhances our opportunities for immediate and long-term growth”, the company’s services will still be dwarfed in comparison to such giants as IBM and Hewlett-Packard.

Read the NYT article by David Jolly and Ashlee Vance HERE.


Entry filed under: technology. Tags: , , , , , , , , , , , , , .

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