EMC CEO Joseph Tucci and Dell CEO Michael Dell.Photographs by Getty Images
Slimming down to get bigger.
The #Dell - #EMC saga continued this week with a report that Dell is shopping #PerotSystems for $5 billion. Dell bought Perot, which helps big businesses select and deploy the right information technology, six years ago for $3.9 billion. Dell now wants $5 billion for the Perot business according to Re/Code.
There had already been several reports that Dell is looking to offload several of its businesses to lighten its debt load—estimated to be a whopping $45 billion—that the computer-maker’s proposed $67 billion acquisition of EMC EMC -0.62% would incur. For example, private equity firms have reportedly explored acquiring Dell’s #Sonicwall and #Quest businesses.
http://fortune.com/2015/12/14/dell-selling-perot-emc/
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