Dell To Sale It’s I.T Services Unit To Japan’s NTT Data For $3 billion

Dell planned to sale its I.T consulting division in order to reinforce its service business in North America, which Japan's NTT Data agreed upon buying the I.T services unit for $3 billion on Monday.

The shift will allow Dell to cut off some of its debt of $43 billion from the data storage provider EMC that was taken on to fund its pending cash and stock acquisition.

Japan's NTT Data agreed to pay an amount that excludes the debt and unspecified advisory fees of $3.05 billion, which will also allow the Japanese company to gain a largely secure position in the United States to one of the world's biggest technology services in attempt to develop its I.T in healthcare, insurance and financial services.

Dell's I.T services division was founded in 1988 by former U.S presidential candidate Ross Perot formerly known as Perot Systems where Dell received its acquisition for $3.9 billion back in 2009, is one of the major contribution in technology to provide consultant in hospitals and government departments.

Although Dell has deprived some of its operation to the unit which some were also integrated, the company saw some of the unit's capabilities as unessential during EMC's acquisition.

Dell has also sorted in selling its information technology management provider called Quest Software to private equity firms, along with a data security provider called SonicWall, that would both add up its worth to $4 billion.

Dell acquiring of EMC that's being backed by founder and chief executive of Dell Michael Dell, has been approved by EMC shareholders. Where the shareholder vote on the Dell deal is expected to be held by EMC in May that might complete its transaction between July and October.

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