Business
Dell finalizes $3.9 billion offer for Perot
The takeover of Perot has created a new business arm called Dell Services, which will provide IT services to customers, and extend Dell's reach into technology hosting, consulting, and application outsourcing, among other segments.
Dell announced on Tuesday that it has completed its $3.9bn offer to buy technology and business solutions provider Perot Systems. Dell has accepted Perot's stock at $30 a share, and will own 90 percent of the company.
The takeover of Perot has created a new business arm called Dell Services, which will provide IT services to customers, and extend Dell's reach into technology hosting, consulting, and application outsourcing, among other segments.
Former Perot CEO Peter Altabef will become president of Dell Services, reporting directly to Dell chairman and CEO Michael Dell.
For more, read "Dell finalizes offer for takeover of Perot Systems" on CNET News.