Dell to Buy Perot Systems

Dell, the Texas based computer systems giant, has reached an agreement to buy Perot Systems for nearly $4 billion. Both companies had the purchase approved by its board of directors. By purchasing Perot Systems, Dell hopes to better compete with other technological giants such as IBM and Hewlett-Packard.
“We consider Perot Systems to be a premium asset with great people that enhances our opportunities for immediate and long-term growth,” said Michael Dell, the CEO of Dell. “This significantly expands Dell’s enterprise-solutions capabilities and makes Perot Systems’ strengths available to even more customers around the world.”
Perot Systems was founded in 1988 by …read more