Pender's Blog by Lee Pender, RCPU Editor

Blog archive

Dell To Buy Perot Systems, Become Services Company

It's just a little exchange of bills among Texans. No big deal, really. With the PC market slumping, Dell has decided to get into the services business, quickly, by forking over nearly $4 billion to buy Perot Systems. So, HP and IBM (and some really large Microsoft partners), there's a new services competitor on the horizon, and it's ridin' straight out of Texas.

Speaking of Texas, how about Dallas's own Ross Perot, huh? He might have abandoned his presidential ambitions long ago, but dig this paragraph in this AP story:

"Former presidential candidate H. Ross Perot Sr., now 79, serves as chairman emeritus of Perot Systems, which he founded in 1988. He earlier had made a fortune from founding Electronic Data Systems Corp. in 1962 and selling the company to General Motors Corp. in a 1984 deal worth $2.5 billion. Hewlett-Packard bought EDS last year for $13.9 billion."

Now that's a guy who knows how to scare up some business.

Posted by Lee Pender on September 22, 2009


Featured

  • An image of planes flying around a globe

    2025 Microsoft Conference Calendar: For Partners, IT Pros and Developers

    Here's your guide to all the IT training sessions, partner meet-ups and annual Microsoft conferences you won't want to miss.

  • Google To Acquire Cloud Startup Wiz for $32 Billion

    Google has announced a pending agreement to acquire Wiz Inc., a cloud security platform, in an all-cash deal worth $32 billion.

  • FTC Expands Microsoft Antitrust Investigation Under Trump Administration

    The Federal Trade Commission (FTC) is pressing ahead with a broad investigation into Microsoft's business practices, an inquiry that began in the final weeks of the Biden administration.

  • Microsoft to Shut Down Skype Services

    Microsoft will discontinue its Skype telecommunications and video calling services on May 5, 2025, marking the end of the platform's decades-long run.

Most   Popular