perot systems
| 12:20PM 11/04/2010
Dell aims to increase services in China to 25% of total revenues in that country within three years, up from the current 10%. Although Dell is late to the lucrative services game compared to IBM and HP, analysts say it has a shot at reaching its lofty goals.
| 1:30PM 11/20/2009
With apologies to Warren Buffett, it's only when the tide comes in that you learn who can swim. With waves of growth on the horizon for the tech sector, it's becoming increasingly apparent that Dell (DELL), the declining PC powerhouse, cannot swim. So maybe it's time for Michael Dell (pictured) to...
| 12:00PM 9/23/2009
In August 2008, Hewlett-Packard (HPQ) bought Ross Perot's first company, Electronic Data Services, or EDS, in a deal worth $13.9 billion. It then proceeded to slash thousands of jobs. Now that deal is paying off in spades for HP. On Monday, Dell (DELL) announced that it would pay $3.9 billion for...
| 2:40PM 9/21/2009
Dell Inc. (DELL) agreed to pay a 68 percent premium for Perot Systems Corp. (PER) in a $3.9 billion acquisition announced today. That's a shockingly high figure in a stock market that has run up enormously. What's more, Dell paid cash, $30 per share, a step that means all the risk in the deal is...
| 9:20AM 9/21/2009
Dell Inc. (DELL), which is trying to hold onto its shrinking share of the PC market, today agreed to acquire information technology services company Perot Systems Inc. (PER) for about $3.9 billion. The addition of Perot would allow the computer maker to add services such as IT consulting geared...