Dell announced on Monday plans to sell its IT and digital business solutions division to Tokyo-based NTT Data for $3.05 billion, according to the Wall Street Journal.
The division includes solutions for healthcare, financial services, insurance and the public sector. The sale helps Round Rock-based Dell raise cash to complete its $67 billion acquisition of EMC Corp. The deal will significantly increase NTT DATA’s presence in North America and strengthen and expand its global delivery network. NTT Data’s North American headquarters are based in Plano.
The Dallas Morning News reports Dell bought Plano-based Perot Systems in 2009 for $3.9 billion.
“NTT DATA is pleased with the unique opportunity to acquire such high-caliber talent, and a corporate culture that shares common values with NTT DATA, with emphasis on ‘Clients First,’ ‘Foresight,’ ‘Teamwork,’ and a commitment to innovation,” Toshio Iwamoto, President and CEO of NTT DATA Corporation said in a news release. “Welcoming Dell Services to NTT DATA is expected to strengthen our leadership position in the IT Services market and initiates an important business relationship with Dell.”
“I’m extremely proud of Dell Services’ solid growth, broad capabilities and deep domain expertise in Healthcare & Life Sciences, Banking, Financial Services and Insurance. Our investments in digital services, application modernization, tools, automation and ’as-a-service‘ models, have enabled Dell Services customers to simplify their IT environment, empower their workforce, engage their customers and grow,” Michael Dell, chairman and chief executive officer of Dell Inc. said in a statement.