Articles about Perot

Michael Dell, photo: Dell

Dell to offload Perot Systems for $5bn: report

For sale, Perot Systems, just two careful owners - a bargain at $5bn. All reasonable offers accepted. Dell nearly sold its IT services business Perot Systems to Tata Consultancy Services but talks collapsed over the price. The company quietly put Perot on the block for more than $5bn three months ago and has hawked the firm to …
Drew Cullen, 14 Dec 2015

Rumor mill in overdrive as Dell pumps up Perot price, Atos offers $4.3bn

The sale of Dell's hospital IT consulting arm, Perot Systems, has hit a frenzy of speculation, with Atos reportedly leading the pack of companies with a $4.3bn offer. Dell let companies know it wanted to auction off Perot late last year and put out a $5bn price tag. Since then a series of media leaks have pitched companies …
Kieren McCarthy, 05 Jan 2016
Suitcase bulging with cash

Pivot3 puts former Perot exec in CEO hotseat

Ron Nash is the new CEO at Pivot3, a 10-year-old converged storage startup that has not been setting the world on fire. The company, founded in 2003 by Lee Caswell and Bob Galloway, aimed to build storage systems with server virtualisation embedded within, which it markets as "serverless computing". Today it has more than 600 …
Chris Mellor, 08 Nov 2013
Shounting man in suit image via Shutterstock

Speaking in Tech: That’s going to look really bad on LinkedIn!

Podcast speaking_in_tech Greg Knieriemen podcast enterprise Want to hear a funny wrap-up of everything important that happened in the tech world this week? Enterprise and consumer kit gurus Greg Knieriemen, Ed Saipetch and Sarah Vela are here to discuss the SolidFire-NetApp rumours, Virtustream, VMware, whether “Personal conduct” …
Team Register, 17 Dec 2015
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What the bleedin' Dell is this? IT giant mulls unit selloffs – report

Reuters reports Dell is thinking of selling off non-core assets to clear the decks before the EMC acquisition and raise $10bn. Four candidate businesses are mentioned: Quest Software IT management with its systems management, security and business intelligence functions SonicWall email encryption and security Rapid …
Chris Mellor, 03 Nov 2015
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Perot Systems top dog exits Dell

Peter Altabef – the former president and chief executive officer of Perot Systems and the person who has been running the combine Dell Services unit in the wake of the $3.9bn acquisition of Perot by Dell in September 2009 – has left the company. Now that the integration of Perot Systems is complete and Dell has a services …
European commission photo via Shutterstock

Clock's ticking: Euro Commission considers Dell-EMC megacorp

EMC/Dell deal Competition authorities at the European Commission will either rubber-stamp Dell’s proposed $67bn slurp of EMC by the end of next month or launch a full-blown probe. The largest buy in tech history is expected to close between May and October, according to the companies - but this is assuming anti-trust regulators approve it …
Paul Kunert, 26 Jan 2016
Wall St bull image via Shutterstock

Dell SecureWorks files for IPO

Dell security subsidiary SecureWorks is trying to raise funds for working capital and acquisitions, according to a filing with the SEC. The S1 Form lodged last night indicates the division expects to sell up to $100m in stock but this is a placeholder figure that could change before the flotation. Under the terms of the plan …
Paul Kunert, 18 Dec 2015
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Perot/Dell buys China services business

Dell will get a services foothold in China after its soon-to-be subsidiary Perot Systems announced it would take over a unit of the distressed consultancy BearingPoint. Perot is taking on BearingPoint Management Consulting (Shanghai) Ltd, aka BearingPoint China Consulting. BearingPoint is the consulting firm spun out of …
Joe Fay, 13 Oct 2009
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Dell Perot deal sparks insider dealing charges

A Texas man has been charged with insider trading by the US Securities and Exchange Commission for trousering $8.64m of illegal profit, following Dell’s proposed acquisition of services firm Perot Systems. A complaint was filed with the federal court in Dallas yesterday that alleged Reza Saleh, 53, of Richardson, Texas, bought …
Kelly Fiveash, 24 Sep 2009
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Perot Systems buys into Ireland

Perot Systems Corporation is buying an Irish application developer, Original Solutions Limited. The Limerick-based company offers general business consultancy as well as specialised application work, keeping legacy systems working and "near-shore" services. The firm has 90 staff and turned over €9m last year. Perot Systems …
John Oates, 12 May 2008
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EMC: No rival offers, so we're flying solo with Dell

Dell’s proposed $67bn acquisition of EMC edged ever closer this weekend after the storage titan confirmed the end of the so-called "go shop" period that allowed rivals bidders to enter the fray. The biggest deal in tech history was first announced in October when privately-owned Dell stated it will pay EMC shareholders $33.15 …
Paul Kunert, 14 Dec 2015
The Register breaking news

H Ross Perot Jr fails to grab rhino by the horns

H Ross Perot Jr, the son of former US presidential hopeful and EDS founder H Ross Perot, has been told he can't after all have the head and skin of a white rhino he shot back in July in KwaZulu-Natal's Mkhuze game reserve, after the beast made good his escape from the hunter's "bungled" attempt to down him. According to SA's …
Lester Haines, 06 Nov 2009
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Dell to buy Perot Systems for $3.9bn

Michael Dell has finally gained a place at the IT services top table by buying Perot Systems for $3.9bn. Dell will pay $30 a share for Perot Systems - its stock is currently trading at $17.91, giving a premium of 67.5 per cent. Perot Systems' chairman, Ross Perot Jr, becoming a Dell board candidate. Perot Systems will become …
Chris Mellor, 21 Sep 2009
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Dell crunches numbers on Perot deal

In an effort to get Wall Street excited about the company again, Dell has committed to extract $4bn in costs from its operations between 2009 and 2011. That gets a bit tricky if Dell keeps acquiring companies, and it had to keep acquiring if it's gonna dig itself out of it commodity hardware corner, a place where a slick and …
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How Perot Systems played hard to get with Dell

With Dell still on the hunt to make acquisitions to bolster its position in the enterprise, there are only a handful of companies big enough to make a difference on Dell's top and bottom line and yet small enough for Dell to buy. Perot Systems had Dell right where it wanted it, hence the $3.9bn (a 67.5 per cent premium) that …
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Pivot3 pivots, buys NexGen

Analysis In a major pivot, all-flash and hybrid array startup NexGen is merging with hyper-converged infrastructure appliance software startup Pivot3 in a cash-free stock merger. When startups merge that’s generally a sign that the original mission is failing and/or the backing VCS are getting nervous. What makes this more surprising …
Chris Mellor, 28 Jan 2016
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Dell plus Perot - It's a start

Analysis Dell's $3.9bn acquisition of Perot Systems comes after two years of sweet talking by Dell chairman and chief executive officer, Michael Dell. While adding the Perot services business to Dell's own will certainly help the PC, server, and storage maker on a number of fronts, the acquisition will almost certainly not be the last …
The Register breaking news

Server rebound, Perot services boost Dell

The x64 server rebound has been finally confirmed with Dell reporting its financial results for its first quarter of fiscal 2011 ended April 30. Dell's overall revenues were up 21 per cent, to $14.9bn, and net income was up 52 per cent, to $441m. These numbers may not have been high enough to make us forget that Wall Street …
Ericsson phone in Tomorrow Never Dies

Silent Circle raises $30m to make more anti-snoop smartphones

Silent Circle, the privacy mobile firm that touts anti-snooping hardware and software, has raised $30m in new capital and added a few new faces to its board. The firm claimed it needs the cash pile to meet “overwhelming demand” for its Blackphone, the smartphone that’s marketed as an anti-eavesdropping device. The mobile was …
Keck Telescopes on Mauna Kea, Hawaii, observing the galactic centre

Dell: Good servers and PCs, but for storage ... oh dear

Comment Dell is a great IT company, but it is clear that they have to revise their storage strategy if they want to maintain some relevance in the IT infrastructure space. (and I’m talking about storage because I primarily cover this market … I’m sure that it wouldn’t be difficult to find similar weaknesses in fields like networking. …
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Behold, the TITCHY T-REX that prowled the warm Arctic of long ago

Paleontologists have discovered the head of a new pigmy breed of Tyrannosaurus rex that roamed the Arctic more than 70 million years ago. The remains of Nanuqsaurus hoglundi, or polar bear lizard, were dug up in 2006, but it is only now that a team from the Perot Museum of Nature and Science in Texas has managed to identify it …
Iain Thomson, 13 Mar 2014

How Google's Android Silver could become 'Wintel for phones'

Analysis In the 1990s, Intel and Microsoft dominated the "open" PC standard – and it appears that Google now wants to do the same for its Android system, via its Silver programme. Silver has yet to be announced, but industry sources have confirmed the details to us. While the comparison between Google today and Wintel then isn’t …
Andrew Orlowski, 07 May 2014
The Register breaking news

Google founders, James Cameron, go asteroid mining

A powerful cabal of tech, media and aeronautics uber executives are set to reveal how their freshly launched company Planetary Resources, will scope for natural resources outside of planet earth. The new entity, backed by Google co-founder Larry Page, Google chairman Eric Schmidt, Google board member K.Ram Shriram, filmmaker and …
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Dell acquires SMB systems babysitter Kace

Dell says it will purchase Kace Networks, a maker of systems management appliances, which the vendor hopes will reel in more midsize business sales. The acquisition - for an undisclosed amount - is expected to close during Dell's first fiscal quarter. Kace's flagship product is the Kbox line of appliances, which target IT shops …
Austin Modine, 11 Feb 2010
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HP tosses EDS brand

Ross Perot's original IT services firm EDS has ceased to be. The brand name disappeared today after the company was bought by HP in May 2008 for $13.9bn. Visitors to EDS.com will find themselves redirected to HP Enterprise Services. HP said the move was "the next major step in a year-long integration of EDS into HP." The …
John Oates, 23 Sep 2009
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Dell chief biz gobbler Johnson flees for hedge-fund Blackstone

'Tis the season for executive management changes. David Johnson, the mergers and acquisition chief that Michael Dell lured away from IBM, is leaving Round Rock to return to the Empire State. Johnson was responsible for architecting Dell's expansion into services, storage, and software after leaving Big Blue. A Dell spokesperson …
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Xerox barges into services with $6.4bn ACS buy

Copier giant Xerox plans to buy US outsourcing and data centre management giant Affiliated Computer Services Inc (ACS) for $6.4bn in a cash and stock deal. The company announced its "game-changing" acquisition proposal today. Xerox said it would cough up 4.935 of its shares and $18.60 in cash for each share of Dallas-based …
Kelly Fiveash, 28 Sep 2009
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Icahn, SAM to give MickeyD the boot if they take over Dell

Michael Dell wants to take his company the company that bears his name private, but he might be polishing up his resume instead in a few months. Activist investor Carl Icahn and Southeastern Asset Management made it clear last Friday that they were not happy with the proposed $24.4bn takeover of Dell by the company's founder, …
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Dell to focus on enterprises and cut $2bn in costs

If you have Dell stock in your portfolio this week, your 401(k) is probably a little bit happier and healthier. The computer maker is to pony up some cash dividends, funded in part through aggressive cost cutting and a continuing expansion into enterprise IT and away from over-reliance on consumers. Dell hosted its Wall Street …

Dell cuddles Canonical for big Ubuntu fluffer love

Dell is working with Canonical to help customers float Ubuntu-powered open-source clouds while also cozying up to developers. The hardware maker, better known for flogging PCs and servers running Linux's chief OS rival Windows, is working with Canonical on plans to take the sweat out of setting up Ubuntu clouds on its data- …
Gavin Clarke, 07 Jul 2010
DVD it in many colours

HP posts $8.9bn loss on slow sales, charges in Q3

As expected, Hewlett Packard's earnings slumped in the three months ending in July, causing the PC maker to post a third-quarter loss of $8.9bn, or $4.49 per share, which was in line with the high end of analyst estimates. Much of that loss can be attributed to an $8bn write down of its Enterprise Services division, which is …
Neil McAllister, 22 Aug 2012
The Register breaking news

Dell floats cloud built on ... VMware

VMworld After hemming and hawing for months, server maker and services player Dell will soon launch its first infrastructure cloud. Appropriately, enough, it's called the Dell Cloud. At the VMworld virtualization and cloud extravaganza in Las Vegas today, Dell said that it was fluffing up the Dell Cloud using VMware's brand-spanking-new …
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Icahn and Blackstone to take separate runs at Dell

Those who wonder just how much Michael Dell wants to take control of the struggling IT giant that bears his name don't have long to wait. Private equity firm Blackstone Group and activist investor Carl Icahn are both reported to have tossed in bids to take control of Dell, the company, before the "go-shop" period of the …
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Dell to double enterprise sales by 2014

Dell is getting tired of just being a box wrapper or manufacturer of other people's enterprise wares. And it is telling Wall Street and its IT customers and rivals that it has a plan to double its enterprise sales to $30bn in the next four years. In a press conference in Hong Kong last Thursday, Steve Schukenbrock, president of …

Dell to buy AMD?

With Intel and Advanced Micro Devices both cranking the clocks on their respective Xeon and Opteron server processors this week and Dell admitting that it's on the prowl for acquisitions, tongues have started to wag about the possibility of PC and server maker Dell snapping up AMD. Barron's, the supposedly more thoughtful part …
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Dell's profits shrink as revenue grows

Profits for Dell - the world's third-largest computer seller by shipments - declined 4.8 per cent during its fiscal fourth quarter despite an increase in sales for each of its business units. Steeper component costs were part of the problem. Plus, cheaper consumer PCs accounted for a larger percentage of sales. Dell's net income …
Austin Modine, 19 Feb 2010
Dell chairman and CEO, Michael Dell

Dell wants to be more than your box provider

Dell World 2012 If you are sitting around bored at work and you happen to keep a bottle of whisky in your desk, I have a new drinking game for you. In fact, you better switch to beer. The game is simple: log into the keynotes at Dell World 2012, which is being hosted by Dell this week in Austin, Texas, and every time one of the top brass says " …
The Register breaking news

Dell erects data centers in '10 countries'

Dell is building data centers in as many as ten countries across the globe, including a facility in Australia. Speaking The Australian, Michael Dell said the company would provide further details in the coming months. This data center expansion, he said, is part of an effort to build so-called "private clouds" on behalf of Dell …
Cade Metz, 21 Mar 2011
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Dell misses profit goals in fiscal Q4

Despite growing sales in all six of its product categories and all four of its business units, and despite having an extra business week in the quarter, hardware supplier and software wannabe Dell was not able to pull the profits it expected down to the bottom line in its fourth quarter of fiscal 2012, which ended on February 3 …
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Dell buys Force 10 Networks

Dell is buying Ethernet networking supplier Force 10 Networks for an unrevealed sum, getting the networking capability needed to build a complete in-house converged IT stack of servers, storage and networking. Force 10 Networks is a privately owned supplier with nearly $200m in annual revenues and operating on some 60 countries …
Chris Mellor, 20 Jul 2011
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Michael Dell primps for Microzon's mega data centers

Yes, Dell has hired away IBM's mergers and acquisitions genius. And yes, the PC maker has expanded its arsenal with that $3.9bn acquisition of services giant Perot Systems. But Michael Dell has no intention of transforming the company into a one-stop-shop for the enterprise. In between the netbook insults he tossed at Silicon …
Cade Metz, 14 Oct 2009
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Dell building its own Exadata killer

OpenWorld Way back when, before Oracle bought Sun Microsystems, and even before Hewlett-Packard became hardware buddies with Big Red with the original Exadata Database Machine, Dell was Oracle's chosen buddy for running parallel Oracle databases using Real Application Cluster on top of Linux. But now Oracle is in the hardware business, …
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Glasshouse tries for IPO - again

Trading conditions must be improving, as storage services company Glasshouse Technologies has refiled IPO papers and is looking to raise $75m. It previously filed IPO papers in December 2007, looking for $100m, but walked away when the arrival of recession clouds in the spring of 2008 screwed up the IPO climate. A year ago …
Chris Mellor, 01 Feb 2010

Dell: Not looking for lock-in, just lovin'

Dell doesn't want to be IBM, like HP sometimes seems to, but it wants to be enough like those two that it can kick their asses in the data center and still be best buddies with systems software makers such as Microsoft, Red Hat, and Oracle. That, in short, was the message from the top brass at Dell's PowerEdge 12G systems launch …
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Dell carves profit from slim revenue growth

Dell didn't dive as much as HP. Dell had lower sales than expected during the its first quarter of fiscal 2011, but it boasted a big profit boost, raising its expectations for revenues and earnings for the full year. HP, by contrast, is tightening its belt, while shaving $1bn to $1.5bn off of its revenue projections for the year …
The Register breaking news

Dell: 'Yes, we will offer multiple Amazonian public clouds'

Dell director of storage strategy Carter George has confirmed that the company will offer at least two "public clouds" – one based on Microsoft's Azure platform and another based on, well, something else. Speaking with The Register on Friday, George declined to provide specifics on the second service, saying he did not want to " …
Cade Metz, 18 Mar 2011
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Big biz loved Dell servers and storage in Q2

Large corporations are not buying servers, storage and PCs like it is 1999, and neither are their SMB counterparts, but if Dell's numbers for the second quarter of fiscal 2011 are any indication, they are acting a bit like it is early 2008 before the bottom dropped out of the global economy. As El Reg reported yesterday, Dell …
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Why Cisco should merge with Dell

Comment Cisco Systems has unleashed a world of hurt on its shareholders, masquerading as a consumer company that sells Flip phones, Umi telepresence, and Linksys routers. There's nothing wrong with selling gadgets to consumers. Apple does it brilliantly, and profitably. But Cisco isn't Apple. In a sense, Apple might be a place where …

Dell retools for the midmarket

Consumers and governments in the United States and Europe are crimping their spending, but businesses of all sizes are still refreshing their servers, storage, and PCs. As a result, Dell was able to come close to meeting Wall Street's revenue expectations in its second quarter. The company even brought more money to the bottom …