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