Dell is reportedly selling the division because its needs cash to finance its $67 billion takeover of EMC. Word on the street is that Dell wanted more for its IT services division but failed to find an alternative buyer.
But $3.05 billion doesn’t seem much. First, Dell acquired Perot Systems (which later became Dell Systems) for $3.9 billion in 2009. Second, Dell wanted more than $3.05 billion. Rumor has it that Dell was asking for $5 or $6 billion. So it looks like Dell didn’t have enough time to find another potential buyer to outbid NTT.
On the other side of the equation, NTT wants Dell Systems because Japan-based NTT is trying to expand its client base to new regions. Dell Systems is mostly operating in North America in the health-sector.