Dell Looks for Tech Services Gold With Perot Acquisition

Posted by theliepolitic on Sep 22nd, 2009 and filed under Internet. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed. | Viewed 175 times.

Dell will spend $3.9 billion for the technology services company Perot Systems in an attempt to expand beyond the PC business and compete more aggressively with HP — which recently bought another tech-services company founded by H. Ross Perot. Dell said Monday it will offer $30 per share in cash for Perot Systems — a 68 percent premium over its closing price Friday. Perot Systems’ shares rose $11.65, or 65 percent, to close at $29.56. Dell shares fell 68 cents, or 4.1 percent, to $16.01.

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