WASHINGTON — NTT Data will acquire Dell Inc.’s information technology services business for $3.1 billion.
It will be NTT Data’s largest acquisition, according to Bloomberg data.
It gives the Japanese company an expanded role in U.S. IT contracting. Dell Services’ IT clients include governments and hospitals. Dell acquired the business, then Perot Systems, for $3.9 billion in 2009.
Perot Systems was founded by Ross Perot in 1988.
Japan-based NTT Data focuses on information technology in the medical field, including medical records and billing.
NTT Data has operations in 15 U.S. states, including locations in McLean and Vienna, Virginia.
“Welcoming Dell Services to NTT Data is expected to strengthen our leadership position in the IT Services market and initiates an important business relationship with Dell,” NTT Data Corp. Chief Executive Toshio Iwamoto said.
Dell Services will continue to operate under President Suresh Vaswani until the transaction closes. It is still subject to regulatory approval. NTT Data did not say when the acquisition is expected to close.
NTT Data is a division of Nippon Telegraph & Telephone Corp. It has spent $634 million buying companies since 2011, according to Bloomberg.
Dell is selling the division ahead of its $67 billion acquisition of EMC Corp., the largest ever acquisition in the technology industry.
