NTT Data, the IT services subsidiary of Nippon Telegraph & Telephone, has entered into an agreement to acquire Dell’s IT services business, a move that could make the Japanese company an important player in the U.S. market.
The price NTT is paying for the acquisition was not disclosed, though some reports said the Japanese company is paying over $3 billion for Dell Services. A Dell spokeswoman declined to comment on the price.
The sale could help the Round Rock, Texas-based Dell raise funds ahead of its proposed acquisition of data storage company EMC.
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Source: COMPUTER WORLD