Dell buying Perot Systems for $3.9B

September 21, 2009 | Anthony Ha | Comments | |

dell-perotDell announced today that it’s acquiring Perot Systems, the IT services provider founded by former presidential candidate H. Ross Perot, for $3.9 billion.

Perot Systems has more than 1,000 customers, including the Department of Homeland Security and the US military, according to the Associated Press, with health care and government customers accounting for about 73 percent of its revenue. In the last year, the companies say they made a combined $16 billion in enterprise hardware and IT services.

Dell is buying Perot stock for $30 a share and says it plans to turn Perot into its services unit. The deal should help Dell sell its computers to Perot customers. It’s expected to close in the November-January quarter.

Last year, Dell competitor Hewlett Packard bought another Perot-founded services company, Electronic Data Systems.

Next Story: Spinal Kinetics raises $5.3M to treat degenerative spine diseases
Previous Story: Maskless Lithography takes $1M for circuit boards

Bookmark and Share

Tags: ,

Photo of Anthony Ha

About the Author, Anthony Ha

Anthony is VentureBeat's assistant editor, as well as its reporter on enterprise technology, cloud computing, and tech policy. Before joining VentureBeat in 2008, Anthony worked at the Hollister Free Lance, where he won awards from the California Newspaper Publishers Association for breaking news coverage and writing. He attended Stanford University and now lives in San Francisco. Reach him at anthony@venturebeat.com. You can also follow Anthony on Twitter.

  • The competition from ACER, ASUS and Samsung getting to fierce, thus DELL needs to go into the opposite direction: enterprise IT consulting services.

    Problem:
    A product company becomes a project company.
    - DELL will need to change their ERP system and reporting.
    - Short sales cycles become long sales cycles (Complex Sale): different sales commission required

    Good Luck !