4 result(s) displayed (1 - 4 of 4):

Dell drives in IT services as PC slump deepens (from Corporate Dealmaker)

Dell Inc.'s (NASDAQ:DELL) stock price is taking a beating after Thursday's third-quarter earnings -- down about 9% in late afternoon trading Friday. The PC maker reported revenue of $12.9 billion, up 1% from the previous quarter and down 15% from a year earlier. Profits plummeted 54%. This Tech Trader Daily...

Posted on November 20, 2009 4:00 PM

Perot Systems deepens China presence (from Corporate Dealmaker)

Perot Systems Corp.'s (NYSE:PER) pending acquisition by Dell Inc. (NASDAQ:DELL) for $3.9 billion hasn't slowed the target's expansion in China. The latest deal is Perot's alliance with China Telecommunications Corp. to deliver IT services to the healthcare industry. The partners will work to develop and market an e-health platform to...

Posted on October 28, 2009 3:09 PM

Personal ties help seal Dell-Perot deal (from Corporate Dealmaker)

Personal relationships mean plenty in M&A, a point made clear in Dell Inc.'s (NASDAQ:DELL) $3.9 billion cash deal to acquire Perot Systems Corp. (NYSE:PER). It's been widely reported that Dell chief executive Michael Dell has been a long-time family friend of the Perot clan. And the Texas firms have a...

Posted on October 2, 2009 5:14 PM

Adobe CEO joins Dell board, BofA's Krawcheck exits (from Corporate Dealmaker)

Dell Inc. (NASDAQ:DELL) has named Adobe Systems Inc. chief executive Shantanu Narayen to its board of directors. A valuable addition to be sure. Narayen is an experienced dealmaker, something Dell CEO Michael Dell aspires to be. And both executives are trying to build substantial services businesses to complement their software...

Posted on September 30, 2009 1:04 PM