NTT Data, Inc. and Dell Inc. on 28 March 2016 announced that they have entered into a definitive agreement for NTT Data to acquire Dell Services.
This is set to be the biggest-ever acquisition by NTT Data, which is a part of Japan's former telephone monopoly.
The combined company will become an IT and BPO solutions powerhouse for the healthcare industry with more than 40 years of industry experience and robust end-to-end solutions.
The grouping will create a rich portfolio of IT and digital business solutions for some of the most attractive services industry sectors including healthcare, financial services, insurance, and the public sector.
The deal will significantly increase NTT Data’s presence in North America, strengthen and expand its global delivery network, and strengthen its infrastructure services capabilities.
About NTT Data
NTT Data is a Japanese system integration company and a subsidiary of Nippon Telegraph and Telephone (NTT).
It is a publicly traded company, but is about 54 percent owned by NTT.
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Who: NTT Data
What: Inked agreement