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
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, 8 Nov 2013
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 …
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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 …
Austin Modine, 11 Feb 2010
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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
hands waving dollar bills in the air

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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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 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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