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United States: Dell finalises offer for takeover of Perot Systems.


Byline: Mamta03

Dell announced on Tuesday that it has completed its $3.9bn ([pounds sterling]2.3bn) offer to buy technology and business solutions provider Perot Systems Perot Systems Corporation NYSE: PER is an information technology services provider based in Plano, Texas. Peter Altabef has served as president, chairman, and chief executive officer since 2004. . Dell has accepted Perot's stock at $30 a share, and will own 90 percent of the company.

The takeover of Perot has created a new business arm called Dell Services, which will provide IT services to customers, and extend Dell's reach into technology hosting, consulting and application outsourcing, among other segments.

Former Perot chief executive Peter Altabef Peter Altabef (born 1959) is the current CEO of Perot Systems, a position which he has held since October 2004.

Born in New York, he received his bachelor's in economics from Binghamton University, and a degree in law from the University of Chicago.
 will become president of Dell Services, reporting directly to Dell chairman and chief executive Michael Dell Michael Saul Dell (born February 23, 1965, in Houston, Texas) is the founder and CEO of Dell, Inc. Biography
Early life and education
The son of an orthodontist, Dell was born in to an upper-class Jewish family and attended Herod Elementary School in Houston,
.

CNET (body) CNET - Centre national d'Etudes des Telecommunications. The French national telecommunications research centre at Lannion.  News has the full story on Dell's takeover of Perot Systems.

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Publication:TendersInfo
Date:Nov 5, 2009
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