Perot Systems Expands Consulting Capabilities with Addition of BearingPoint Management Consulting (Shanghai) Ltd. in China
Perot Systems Expands Consulting Capabilities with Addition of BearingPoint
Management Consulting (Shanghai) Ltd. in China
PLANO, Texas,, Nov. 1, 2009 /PRNewswire-FirstCall/ -- Perot Systems
Corporation (NYSE: PER) today said it has closed its acquisition of
BearingPoint Management Consulting (Shanghai) Ltd. ("BearingPoint China
Consulting"), a leading management and technology consulting company in China.
The action follows recent approvals of the transaction by Shanghai Municipal
Commission of Commerce and the U.S. Bankruptcy Court. The combination expands
the reach and capabilities of Perot Systems in China.
"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," said Peter
Altabef, president and chief executive officer of Perot Systems.
"As a part of Perot Systems, we will benefit from its deep industry expertise,
mature global delivery model and strong financial position. This enables us to
continue to provide world-class services to our clients with broader
capabilities and resources," said Ron Machan, chairman and chief executive
officer of BearingPoint China Consulting.
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."
About Perot Systems
Perot Systems is a worldwide provider of information technology services and
business solutions. Through its flexible and collaborative approach, Perot
Systems integrates expertise from across the company to deliver custom
solutions that enable clients to accelerate growth, streamline operations and
create new levels of customer value. Headquartered in Plano, Texas, Perot
Systems reported 2008 revenue of $2.8 billion. The company has more than
23,000 associates located in the Americas, Europe, Middle East and Asia
Pacific. Additional information on Perot Systems is available at
http://www.perotsystems.com/.
This press release contains forward-looking statements that are subject to
known and unknown risks and uncertainties that could cause actual results to
differ materially from those expressed or implied by such statements. For
factors that could affect our business and cause actual results to differ
materially, please refer to our Annual Report on Form 10-K for the fiscal year
ended December 31, 2008, as filed with the U.S. Securities and Exchange
Commission and available at http://www.sec.gov/, as updated in our Quarterly
Reports on Form 10-Q filed after such Form 10-K, for additional information
regarding risk factors. We disclaim any intention or obligation to revise any
forward-looking statements whether as a result of new information, future
developments, or otherwise.
MEDIA CONTACT:
PEROT SYSTEMS CORPORATION
Marvin Singleton
+1 972 577-5881
Marvin.Singeleton@ps.net
BEARINGPOINT CHINA CONSULTING
Vivien Wu
+86(21) 5292 5392
Vivien.wu@bearingpoint.com
SOURCE Perot Systems Corporation
Marvin Singleton of Perot Systems Corporation, +1-972-577-5881,
Marvin.Singeleton@ps.net; or Vivien Wu of BearingPoint China Consulting,
+86(21) 5292 5392, Vivien.wu@bearingpoint.com
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