Posts tagged ‘New York Times’

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

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.


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

From the New York Times: ‘EBay Sells Most of Skype to Private Investors’

After initially outbidding Google for ownership of the Skype communication service, EBay failed in their subsequent attempt to sell the acquisition to the search engine giant after reevaluating the hefty purchase.

Now the online auction house is slicing up a big old hunk of the Skype pie and serving it up to a group of private investors.

“EBay announced a deal Tuesday to sell its Skype online calling service to a group of private investors, led by the Silicon Valley private equity firm Silver Lake Partners.”

Read the NYT article by Brad Stone.


September 1, 2009 at 8:01 pm Leave a comment

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