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Home » NTT DATA to Acquire Dell Services for $3 Billion

NTT DATA to Acquire Dell Services for $3 Billion

March 28, 2016
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NTT DATA agreed to acquire Dell Services, an IT services provider recognized for its depth in vertical industries and for its offerings around infrastructure services, cloud services, application services, and business process outsourcing. The purchase price was reported at $3.05 billion.  NTT Data said the agreement will expand its brand and leadership position globally.

John McCain, CEO of NTT DATA, led this transaction and will have overall responsibility for leading the combined business.

“I’m extremely proud of Dell Services’ solid growth, broad capabilities and deep domain expertise in Healthcare & Life Sciences, Banking, Financial Services and Insurance. Our investments in digital services, application modernization, tools, automation and ‘as-a-service’ models, have enabled Dell Services customers to simplify their IT environment, empower their workforce, engage their customers and grow,” said Michael Dell, chairman and chief executive officer of Dell Inc. “Together, NTT DATA and Dell Services will be a winning combination for Dell Services customers, team members and partners.”

http://www.nttdata.com/global/en/news-center/pressrelease/2016/032800.html

  • Dell Services traces its origins to Perot Systems, which Dell acquired in 2009 for $3.9 billion.
Tags: Blueprint columnsDellMergers and AcquisitionsNTT
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