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Xerox copies Dell for a big M&A deal

Posted Sep 28th 2009 1:00PM by Tom Taulli (RSS feed)
Filed under: Deals, Dell (DELL), Xerox Corp (XRX)

In the global tech industry, the services business has become a strategic asset. Last week, Dell (NASDAQ: DELL) agreed to shell out a whopping $3.9 billion for Perot Systems (NYSE: PER).

Now, there's another biggie deal: Xerox (NASDAQ: XRX) has agreed to pay $6.4 billion for Affiliated Computers Services (NASDAQ: ACS). Just like Dell, Xerox's core hardware business is undergoing lots of pressure. So why not expand into something else?

Continue reading Xerox copies Dell for a big M&A deal

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