Exclusive: Cognizant, Ntt, Atos Vie For Dell's Perot Systems - Sources

[Ron Burgundy]

Business services companies Cognizant Technology Solutions Corp, NTT Data Corp and Atos SE are competing to acquire Perot Systems, an IT management business of Dell Inc, according to people familiar with the matter. Dell is hoping Perot Systems will fetch more than $5 billion, helping it trim its debt load following its agreement to acquire data storage company EMC Corp for $66 billion, including debt, the people said this week. The auction for Perot Systems, however, has taken longer than expected because the offers Dell has received thus far have failed to meet its valuation expectations, the people said.

 

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