Unfortunately I fear this will just lead to more job cuts in Plano.
Rumor mill in overdrive as Dell pumps up Perot price, Atos offers $4.3bn
The sale of Dell's hospital IT consulting arm, Perot Systems, has hit a frenzy of speculation, with Atos reportedly leading the pack of companies with a $4.3bn offer. Dell let companies know it wanted to auction off Perot late last year and put out a $5bn price tag. Since then a series of media leaks have pitched companies …
COMMENTS
-
-
-
Wednesday 6th January 2016 09:35 GMT Charlie Clark
Nail: on head, hit
Dell needs to look like the kind of company that does a good deal, since the EMC merger is still subject to shareholder approval. A break-even sale of Perot Systems six years after purchasing it does not look great.
Especially with so much freshly printed money still sloshing around. If price is compared with the debt-fuelled premium that Dell paid for EMC then it looks even worse. Of course, this week's stockmarket jitters won't make it any easier to get the $ 5 bn, even though Atos should have no problems raising the cash (thanks Mario for offering to buy up any kind of shit).