An acquisition deal announced this week appears on the surface to have its roots in Tokyo and Texas but its impact will also be felt right here in the Washington regionÂ with respect toÂ the federal contracting market.
Round Rock, Texas-basedÂ NTT Data — a subsidiary of Japan’s telecom conglomerate NTT –Â has struck a $3.05 billion deal for the Dell services business formerly known as Perot Systems after the iconic billionaire and two-time presidential candidate Ross Perot.
This deal that contains predominantly commercial components certainly will carry ramifications for federal agencies as both NTT Data and Dell hold prime contracts on some of the governmentâs most-used vehicles for IT products and services.
ExecutiveBiz, the home of Executive Mosaicâs interviews with GovCon executives, got the inside perspective what the deal means for the federal IT market and agencies from the key leaders at both NTT Data and Dell Services Federal Government.
Tim Conway from NTT Data and George Newstrom of Dell described their outlook for what they called a âcomplementaryâ and âsynergisticâ deal as both businesses offer similar IT services work in the public sector.
For more, please click here to read ExecutiveBizâs full article and continue reading below for more of the weekâs most significant industry developments.
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