Dell Computers to acquire Perot Systems for $3.9 Billion all cash Deal

Dell, is going to buy Ross Perot founded, Perot systems in an all cash deal of $3.9 billion. Perot systems is an IT consulting business, founded in 1988. Dell is trying to match its competitors like Hp or IBM by expanding its IT consulting business, and what could be better than Perot systems to expand in this field. Since both, dell IT business and Perot systems are Texas based, so it will be easy to combine both and it will be run by Peter Altabef, the current CEO of Perot systems. Read more