Dell To Acquire Perot Systems

Dell announced this morning that it will acquire Perot Systems Corporation for $3.9 billion. The all-cash transaction is expected to close in the November to January time frame.

The $30 per share offer for Perot represents a 68% price premium to Friday’s close.

Perot will become a services unit within Dell as it attempts to diversify beyond hardware sales. Perot President and CEO Peter Altabef will say on, Dell says.

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Filed under News on September 21, 2009 | Permalink

1. UKnowMe Says:
   1

   I was surprised Perot stood on its own this long considering other moves in the industry (HP/EDS).

   September 21st, 2009 at 8:57 am
2. Justen Deal Says:
   2

   In the most recent quarter, healthcare accounted for 48% of Perot’s total revenue. They’re not just diversifying beyond hardware sales, they’re continuing their push into healthcare.

   I wonder if there will be any issues reconciling Dell’s recent partnership with eClinicalWorks with Perot’s long-standing relationship with athenahealth?

   September 21st, 2009 at 9:10 am
3. MD Says:
   3

   Strange acquisition. I suspect this will be a step in the road until an offshore company buys Dell.

   September 21st, 2009 at 9:26 am
4. Pete Says:
   4

   Ross and Michael chatting about this on SquakBox this morning:

   http://www.executiveinterviews.net/players/mini/default.asp?order=U12954

   September 21st, 2009 at 1:29 pm
5. Atul Salgaonkar Says:
   5

   This merger appears to be targeting HP+EDS as well as IBM.

   Specifically for Healthcare IT, wondering if now Dell will support other EMR’s besides eClinicalWorks, such as NextGen, MedFlow and AllScripts – in addition to AthenaHealth and their already mentioned relationship to Perot.

   I have met Dell’s CTO (who left recently) and feel that they have a decent “cloud” strategy which would synergize well with PerotSystems’ processes for datacenters, resulting in a packaged service for remote storage and access to medical records. This, in turn, positions the new company for tele-medicine, e-prescribing.

   September 21st, 2009 at 1:56 pm
6. Phone Reviews Says:
   6

   Once again, Dell plays follow the leader. HP bought a Plano-based services company, so Mikey did too.

   September 21st, 2009 at 8:02 pm
7. Starbux Says:
   7

   RE impact of Perot’s exisiting partnerships, I wonder how this will play out with Meditech and the Meditech Solutions group?

   September 22nd, 2009 at 10:14 am