22 September,2009 10:20 AM IST | | PTI
US-based computer maker Dell entered into an agreement to acquire IT services firm Perot Systems for about $3.9 billion.
The terms of the agreement were approved yesterday by the boards of directors of both companies, a Dell statement said. The acquisition will create an entity with $8 billion in services revenue.
Once the acquisition is complete, Perot Systems will become Dell's services unit and will be led by Peter Altabef, the current chief executive officer of Perot Systems.
Dell directors are expected to consider Perot Systems Chairman Ross Perot Jr for appointment to the Dell board, it added.
