NTT DATA, a leading systems integration subsidiary of NTT has entered into an agreement with Dell to acquire Dell Services, its IT consulting division for over $3 billion to bolster its services business. Dell Services is the former Perot Systems, a company founded by Ross Perot which Dell acquired for $3.9 billion in 2009.
The Japanese company said the sale will also provide NTT Data a bigger foothold in the US, where it aims to expand in healthcare IT, insurance and financial services consulting.
John McCain, CEO of NTT DATA who led this transaction will have the overall responsibility for leading the combined business. Dell Services will continue to operate under the leadership of Suresh Vaswani, president of Dell Services, reporting to Michael Dell, until the transaction closes.
Toshio Iwamoto, President and CEO of NTT DATA Corporation
Welcoming Dell Services to NTT DATA is expected to strengthen our leadership position in the IT Services market and initiates an important business relationship with Dell.
Michael Dell, Chaiman and Chief Executive Officer, Dell
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.
