0
IT

Dell sells IT services arm to NTT for USD 3 billion

Monday 28 March 2016 | 15:31 CET | News
Dell has agreed to sell its IT services arm to NTT Data, a unit of Japanese telecom operator NTT, for USD 3.05 billion. The divestment is expected to help Dell pay for its planned acquisition of EMC. NTT said Dell's customers will have access to an expanded range of services, while the Japanese company strengthens its customer in key verticals such as healthcare and insurance and gains data centres in the US, UK and Australia. NTT Data CEO John McCain will lead integration of the acquisition. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: IT
Companies: Dell EMC / EMC / NTT
Countries: World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

NTT Data completes Dell Services acquisition

Published 04 Nov 2016 09:59 CET | World
NTT Data has closed the acquisition of Dell Services. On an interim basis, the newly acquired business will be called NTT Data ...

Dell completes takeover of EMC

Published 07 Sep 2016 15:42 CET | World
Dell has completed its takeover of EMC and launched a new brand identity under the name Dell technologies. The takeover was first ...

Dell raises USD 20 bln for EMC takeover

Published 18 May 2016 08:47 CET | World
Dell's subsidiary Denali Holding has raised USD 20 billion in debt issues to help finance its takeover of EMC. The issues include ...

Dell to become Dell Technologies after EMC takeover

Published 03 May 2016 11:01 CET | World
Dell will change its name to Dell technologies following its takeover of EMC, CEO Michael Dell announced at the EMC World event. ...

Dell Services wins two deals worth USD 100 mln

Published 28 Mar 2016 11:09 CET | United States
Dell Services recently signed deals with Dubai Health Authority (DHA) and Blue Cross & Blue Shield of Rhode Island (BCBSRI). Dell ...

Dell close to sale of IT services arm to NTT - report

Published 09 Mar 2016 08:54 CET | World
Dell is nearing a deal to sell its IT services business to Japanese operator NTT for about USD 3.5 billion, Re/Code reported. NTT ...

Dell closer to completing acquisition of EMC

Published 24 Feb 2016 14:44 CET | World
Dell is one condition closer to completing its acquisition of EMC. The companies announced the expiration of the waiting period ...

Dell plans sale of Perot Systems - report

Published 15 Dec 2015 09:22 CET | World
Dell is looking to sell Perot Systems for more than USD 5 billion, unnamed sources told Re/code. Dell is trying to raise around ...

Dell SecureWorks files for IPO

Published 03 Dec 2015 11:13 CET | World
Dell announced plans to pursue a stock market listing for its unit SecureWorks. The company filed with the Securities and ...

Shareholders ask EMC, Dell to improve confidence in EMC buy

Published 25 Nov 2015 16:30 CET | World
A number of institutional shareholders have asked EMC and Dell for specific actions they say will improve their confidence in the ...





Calendar   /   Industry Events

27 Jan Uptime
28 Jan Samsung Electronics Q4 2020
28 Jan Crown Castle Q4 2020
28 Jan Skyworks fiscal Q1
28 Jan Rogers Communications Q4 2020
28 Jan Juniper Networks Q4 2020
28 Jan Comcast Q4 2020
28 Jan 8x8 fiscal Q3
29 Jan Airtel Africa Q4 2020
29 Jan Charter Communications Q4 2020
29 Jan Ericsson Q4 2020
29 Jan Telia Q4 2020
29 Jan NEC fiscal Q3
01 Feb Cirrus Logic Q3
01 Feb On Semiconductor Q4
01 Feb NXP Semiconductors Q4 2020
01 Feb Harmonic Q4 2020
02 Feb Lumentum fiscal Q2
02 Feb Amazon.com Q4 2020
02 Feb Alphabet Q4 2020
02 Feb Viavi fiscal Q2
02 Feb FireEye Q4 2020
02 Feb Telenor Q4 2020
02 Feb Vodacom fiscal Q3
02 Feb Tele2 Q4 2020
03 Feb Aviat Networks fiscal Q2
03 Feb Turk Telekom Q4 results
03 Feb Qualcomm fiscal Q1
03 Feb Netgear Q4 2020
03 Feb Adtran Q4
::: More Calendar Items