Dell sells its IT consultancy services division to NTT Data

DellDell sells its IT consultancy services division to Japanese NTT Data Corp for 3.5 billion USD. The transaction will allow the US computer manufacturer to decrease part of its debt, amounting to 43 billion USD and to finance the 60 billion USD acquisition of the data storage company EMC. NTT Data is one of the largest companies for technological services in the world and this deal will provide wider portfolio in USA, where it seeks to expand its presence in technology services in healthcare, insurance and financial advisory services.

The announcement of the agreement must first be approved by the board of NTT Data, which will meet in Tokyo later this week. The Board of Directors of NTT Data will discuss the condition of the deal.

Dell’s business for an IT services, which was previously known as Perot Systems, is a major supplier of technologies for consultations in hospitals and institutions. The company was founded in 1988 by former US presidential candidate Ross Perot and was acquired by Dell in 2009 to 3.9 billion USD. Then Dell sell part of their operations and integrate others, which were not included in the current sale.

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Viliyana Filipova
My name is Viliyana Filipova and I’m working as content writer and analyst of Business News Feeds Journal. I'm writing about finance statements, business analyze and employment for Central and Eastern Europe, Russia and Middle East.

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