Monday, January 4, 2016

France’s Atos Nears $4 Billion Deal to Buy Dell’s Perot Systems Unit

Computing giant #Dell is nearing the end of the process to sell its #PerotSystems IT outsourcing services unit in a deal that is expected to exceed $4 billion, sources briefed on the process told Re/code.

Atos, a French IT outsourcing firm with offices in Purchase, N.Y., and Arlington, Texas, is the leading bidder and has offered between $4.2 billion and $4.3 billion for Perot, sources said.

Tata Consultancy Services, the technology consulting and services arm of India’s Tata Group, the 147-year-old industrial conglomerate, re-engaged Dell in talks late last week and may have made an offer, but walked away from the table today, sources said. #TCS ended an earlier round of talks with Dell to buy Perot in mid-December. Dell had hoped to sell the unit for closer to $5 billion.

http://recode.net/2016/01/04/frances-atos-nears-4-billion-deal-to-buy-dells-perot-systems-unit/

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