Dell finalizes $3.9 billion offer for Perot
Summary
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.
Topics
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.
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H.Ross and T.Boone should get together and build the NG fueling infrastructure needed to convert semi-tractors off diesel, then build and rent out a parallel power grid so there would be a way to distribute power from wind/tide farms and the excess from micro solar installations. The utilities are just milking the current grid for short term profits and it will soon be in worse shape than our highway-system's bridges. Proving the smart-grid concept in 1 state as the recent plan by Obama seems intent on doing is going to take too long, and extra waste/costs from USG bureaucracy will distort the true picture anyway.
Lance, what's happening to Dell's existing services group? Will they (and their leadership) move under Altabef?
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