Perot Systems Corporation announced that it will
acquire BearingPoint Management Consulting (Shanghai) Ltd.
("BearingPoint China Consulting"), a leading management and technology
consulting company with offices in Shanghai and Beijing.
This development follows the Sept. 21, 2009,
announcement that Perot Systems will be acquired by Dell, a transaction
that combines Perot Systems’ services portfolio with Dell’s global
reach, significant existing services unit, and industry-leading
hardware products. The overall combination will give enterprises in
China access to a complete suite of IT, applications, business-process,
and consulting services.
"BearingPoint China Consulting is highly respected for
its consultancy services, and we are pleased to add their complementary
expertise to our existing global consulting services," said Peter
Altabef, president and CEO of Perot Systems. "Dell, Perot Systems, and
BearingPoint China Consulting all have successful track records of
catering directly to the needs of clients. Unifying our service
operations will significantly expand our reach and enhance our
capabilities in China."
Established in 2001, BearingPoint China Consulting
provides deep industry and consultancy expertise to clients in China’s
energy, automotive, insurance, and financial services industries. As
announced in June of 2009, Perot Systems recently has won key contracts
in China’s healthcare and manufacturing sectors.
"We are pleased to be joining Perot Systems,
particularly given their momentum with recent contract wins in China
and the Dell announcement," said Ron Machan, chairman and CEO of
BearingPoint China Consulting. "Our clients and our consultants will
benefit from the deep industry expertise, mature global delivery model,
and strong financial position of Perot Systems. Our clients can be
assured that we will continue delivering world-class service to our
clients, and we will have the backing of two world leaders with
unprecedented leadership of entrepreneurship, innovation, and real
values."
The BearingPoint China Consulting operations will
become part of the Perot Systems Commercial Solutions business unit.
Steve Curts, president of Perot Systems Commercial Solutions, said, "We
are committed to executing a smooth transition for our new clients and
associates in China. 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."
BearingPoint China Consulting has earned numerous
industry awards. In 2008, the China Software Association and ERP
world.net ranked the firm among the "Top 10 IT Consulting Firms" in
China, and named CEO Machan among the "Top 10 People of the Year in the
IT Industry" in China. The firm also was chosen as "Most Trusted
Consulting Firm" in 2007 by the China Enterprise Confederation.
Terms were not disclosed, and the transaction is subject to approval from the U.S. Bankruptcy Court and the Chinese government.
