Times of India — Dell Inc is set to announce an agreement on Monday to sell its non-core information technology consulting division to Japan’s NTT Data Corp for $3.5 billion, people familiar with the matter said on Sunday. The move will allow US computer maker Dell to trim some of the $43 billion in debt it is taking on to fund its pending cash-and-stock acquisition of data storage provider EMC Corp, a deal worth close to $60 billion.
Times of India — Japan’s NTT Data Corporation is in exclusive negotiations to acquire Perot Systems, the information technology consulting division of Dell Inc, although differences over price persist, according to sources familiar with the matter. The deal would be NTT Data’s most significant overseas acquisition as it seeks to expand in the United States and boost its offering in so-called knowledge process outsourcing, which has become popular with businesses looking to cut costs.
Deal Street Asia — Business services companies Cognizant Technology Solutions Corp, NTT Data Corp and Atos SE are competing to acquire Perot Systems, an IT management business ofDell 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.
Computer World UK — Sets up internal platform as a service in partnership with systems integrator, NTT Data. Japanese brewer and drinks producer Kirin has built a platform as a service (Paas) using OpenStack as its private cloud platform, reducing operational IT costs by automating server test and deployment. Kirin, which has almost 40,000 employees, is headquartered in Tokyo, and does around half of its business overseas.
Digital News Asia — MALAYSIAN online payment systems provider iPay88 Sdn Bhd, arguably one of the leaders in South-East Asia with a presence also in Indonesia, Singapore, Thailand, the Philippines and Vietnam, has seen its Malaysian operations acquired by Japan’s NTT Data Corp for an undisclosed amount.
MUMBAI: Japanese system integration company NTT Data expects more than 25% growth in its revenue as well as workforce in India in the next year. “India is one of our fastest growing markets in Asia-Pacific. The region is growing at 25% year-on-year, so for an emerging market it will be more,” Ryoji Fukaya, NTT Data’s president and chief executive for Asia-Pacific region, told ET. “There is great opportunity in manufacturing, retail, and banking and financial services,” he added.