Dell to buy Perot Systems for about $3.6B in cash, taking another step beyond the PC market

By AP
Monday, September 21, 2009

Dell agrees to buy Perot Systems for about $3.6B

NEW YORK — Dell Inc. says it has agreed to buy the information technology services company Perot Systems Corp. for about $3.6 billion as it looks to expand beyond the personal computer business.

The Round Rock, Texas PC company said Monday it will offer $30 per share in cash for Perot, which is based in Plano, Texas. It expects to close the deal in the November-January quarter.

Dell said Perot, founded by former presidential candidate Ross Perot, will expand the company’s IT services offerings and widen the pool of potential customers for its computers.

Filed under: Dell, Information Technology

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