San Francisco, Sep 21 (DPA) Computer maker Dell is to buy technology services company Perot Systems for $3.9 billion in a bid to gain a foothold in the lucrative sector of information technology consulting, the company announced Monday.
The bid price of $30 a share represented a 68-percent premium on the share price of the company founded in 1988 by former independent presidential candidate Ross Perot.
The Plano, Texas-based company provides consulting and technology services to more than 1,000 enterprises, with some 50 percent of its revenues derived from the health care industry and another 25 percent from the government. Analysts said the company's business could get a huge boost if proposals for health care reform are passed into law.