Dell sells IT services operation to NTT Data for $3 billion
NTT Data announced today it has agreed to buy computer giant Dell's IT service operations for $3.05 billion.
The Japan-based NTT provides software and systems, including EHRs, surgery management, billing and insurance claims technologies.
Analysts note the NTT acquisition of the Dell unit comes at a time when the global technology services firm NTT is working to broaden its traction in North America.
To that end, NTT is expected to add about 28,000 Dell employees with the purchase, mainly from North America and India, bringing its total global workforce to more than 100,000.
The move will reportedly enable Dell to pay down some of the $43 billion debt it is taking on to fund its pending $67 billion cash-and-stock acquisition of data storage provider EMC Corp.