Japanese telco NTT (Nippon Telegraph & Telephone Corp) is eyeing up Dell’s IT consulting and services division Perot Systems for $3.5 billion (£2.5bn), according sources speaking to Nikkei Asian Review.
The purchase, if it goes through, will bolster NTT’s overseas business, with Dell’s Perot Systems hauling in around $3 billion (£2.1bn) in revenue annually.
Dell was also said to be in negotiations with US-based Cognizant and France’s Atos regarding a sale of Perot Systems.
Perot Systems, founded in 1988 by former US presidential candidate Ross Perot, provides IT consulting to hospitals and government departments.
Dell was hoping to bring in more than $5 billion from the sale in order to help reduce the $49.5 billion in debt it currently expects to have following the acquisition of EMC, but last December, Reuters sources said confidential negotiations have taken longer than expected because the offers haven’t met Dell’s expectations.
For NTT, which gets just 14 percent of its revenues from outside of Japan, a purchase would boost its IT services offering in the US, as the company looks to compete with Accenture and IBM.
TechWeekEurope has contacted both Dell and NTT for comment.
German foreign minister warns Russia will face consequences for “absolutely intolerable” cyberattack on ruling party,…
Google is reportedly laying off at least 200 staff from its “Core” organisation, including key…
Investor appeasement? Apple unveils huge $110 billion share buyback program, as sales of iPhone decline…
Tesla retreats from pioneering gigacasting manufacturing process, amid cost cutting and challenges at EV giant
No skynet please. After the US, UK and France pledge human only control of nuclear…
Microsoft's AI investments continue in south east Asia, after investments in Japan, Malaysia, Indonesia, as…