M&A Activity – Perot Systems Corporation Acquires BearingPoint China Consulting

Perot Systems Corporation (NYSE: PER) has closed its acquisition of BearingPoint Management Consulting (Shanghai) Ltd. (“BearingPoint China Consulting”), a leading management and technology consulting company in China,   following recent approvals of the transaction by the Shanghai Municipal Commission of Commerce and the U.S. Bankruptcy Court. The acquisition will expand the reach and capabilities of Perot Systems in China.

Peter Altabef, president and chief executive officer of Perot Systems, said of the transaction”The BearingPoint China Consulting team brings deep industry and consulting expertise in China’s energy, automotive, insurance, and financial services industries. This addition significantly enhances our existing consultancy operations and will support our growing capabilities worldwide.”

Steve Curts, president of Perot Systems Commercial Solutions, said, “The combined company will continue to work across a broad range of vendors and alliance partners to deliver efficient and effective solutions that address individual client needs.”

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