Dell to Buy Perot Systems

Dell Inc has announced that it will be purchasing Perot Systems for $3.9 billion in cash. Dell which focuses mainly on the PC business has been losing a lot of its revenue recently and this deal comes as an attempt to open up its market so that it compete with companies such as HP. Such a deal would also give Dell a much needed boost in international business while gaining some of Perot's reputable clients, including the U.S. government.