Perot Systems Expands Consulting Capabilities with Addition of BearingPoint Management Consulting (Shanghai) Ltd. in China
November 01 2009 - 9:00PM
PR Newswire (US)
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
BEARINGPOINT CHINA CONSULTING Vivien Wu +86(21) 5292 5392
DATASOURCE: Perot Systems Corporation CONTACT: Marvin Singleton of
Perot Systems Corporation, +1-972-577-5881, ; or Vivien Wu of
BearingPoint China Consulting, +86(21) 5292 5392, Web Site:
http://www.perotsystems.com/ Company News On-Call:
http://www.prnewswire.com/comp/122686.html
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