Dell selling IT unit to NTT Data for more than $3 billion

March 28, 2016

Dell Inc. is selling its Dell Services information technology unit to NTT Data Inc. for just over $3 billion as part of its ongoing reorganization plan.

Dell had purchased the business for $3.9 billion in 2009 when it was Perot Systems, founded by billionaire and onetime presidential candidate Ross Perot.

The sale comes as privately-held Dell prepares to buy data storage provider EMC for $67 billion and tries to reinvent itself as more than just a personal computer company. That deal was announced in October and was initially targeted to close in the second or third quarter of Dell's fiscal year ending Feb. 3, 2017.

Japan-based NTT Data focuses on in the medical field, including medical records and billing.

In a statement, NTT Data said the acquisition will help "strengthen its leadership position" in the services market, while also initiating a relationship with Dell. The company has been expanding its services globally, recently making deals that give it greater reach into the Philippines, Taiwan, and Costa Rica, among other initiatives.

Explore further: Dell buying EMC in $67 billion bet on data storage

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