Dell Technologies acquired Perot Systems Corporation for $3.9 billion, a transaction completed in November 2009, structured as all cash ($30.00 per share tender offer).
Perot Systems Corporation operates in IT services & business solutions, is based in Plano, Texas, USA. Dell acquired Perot Systems, a worldwide provider of information-technology services and business solutions founded by Ross Perot, via a $30.00-per-share all-cash tender offer valuing the company at about $3.9 billion. The deal roughly doubled Dell's enterprise-services footprint and became the foundation of Dell Services.
Dell framed the acquisition as broadening its range of IT services and solutions and better positioning the company for long-term growth and efficiency, with Perot's healthcare and government verticals especially attractive.
Added a large recurring services revenue stream and deep healthcare/government client relationships. Integrated into Dell's Large Enterprise and Public segments; formed Dell Services (later sold to NTT Data in 2016).
Advisory firms were not disclosed for this transaction.