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Perot Systems Expands Consulting Capabilities with Addition of BearingPoint Management Consulting (Shanghai) Ltd. in China.
Finextra: Perot Systems completes acquisition of BearingPoint China Consulting - company announcement from Perot Systems
As a demonstration of its commitment to serving government clients globally and in the Middle East, Deloitte entered into a transaction whereby it acquired a substantial part of BearingPoint's...
Perot Systems said that it will acquire BearingPoint Management Consulting (Shanghai) ('BearingPoint China Consulting'), a management and technology consulting company with offices in Shanghai and Beijing. Terms of the deal were not disclosed.
http://www.cbronline.com/news/perot_systems_to_acquire_bearingpoint_china_consulting_091012
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Nov 05, 2009 (Close-Up Media via COMTEX) --
Perot Systems Corp. said it has closed its acquisition of BearingPoint Management Consulting (Shanghai) (BearingPoint China Consulting), a 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."
Perot Systems is a worldwide provider of information technology services and business solutions.
((Comments on this story may be sent to newsdesk@closeupmedia.com))
Tags: acquisition automotive bankruptcy business ceo china commerce commercial consulting energy financial services information technology insurance president shanghai technology
Companies: Perot Systems Corp. (PER)
Nov 05, 2009 (Datamonitor Financial Deals Tracker via COMTEX) --
Following the approval from Shanghai Municipal Commission of Commerce and the US Bankruptcy Court, Perot Systems Corporation has acquired BearingPoint Management Consulting (Shanghai), Ltd. (BPMS), a China-based management and technology consulting company.
Perot Systems is a US-based provider of information technology (IT) services and business solutions.
Announcement (October 11, 2009):
Perot Systems is planning to acquire BPMS.
Following the acquisition, BPMS will become part of the Perot Systems Commercial Solutions business unit.
Deal Type Acquisition Sub-Category Majority Acquisition Deal Status Completed: 2009-11-01
Deal Participants
Target (Company) BearingPoint Management Consulting (Shanghai), Ltd. Acquirer (Company) Perot Systems Corporation
Deal Rationale
The acquisition will add BPMS' complementary expertise to Perot Systems' existing consulting services and expand its reach, and enhance its capabilities in China.
Tags: acquisition bankruptcy business china commerce commercial consulting information technology shanghai technology
Companies: Perot Systems Corp. (PER)
PLANO, Texas,, Nov 01, 2009 /PRNewswire-FirstCall via COMTEX/ --
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
http://www.perotsystems.com
Tags: acquisition annual report asia automotive bankruptcy business ceo china commerce commercial consulting energy europe financial services information technology insurance media middle east nyse president revenue securities shanghai technology texas
Companies: Perot Systems Corp. (PER)
Nov 02, 2009 (AsiaPulse via COMTEX) --
MEDIA RELEASE PR36885
(Full text of statement. Contact details below.)
Perot Systems Expands Consulting Capabilities with Addition of BearingPoint Management Consulting (Shanghai) Ltd. in China
PLANO, Texas, Nov. 2 /PRNewswire-AsiaNet/ -- 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
rw
Tags: acquisition annual report asia automotive bankruptcy business ceo china commerce commercial consulting energy europe financial services information technology insurance media middle east nyse president revenue securities shanghai technology texas
Companies: Perot Systems Corp. (PER)
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BearingPoint wanted a one-stop-shop for its growing marketing organization that was easy to setup and didnt require a lot of resources. A tool was needed to help with the wide-range of marketing activities that satisfied the needs of the entire marketing team. This system
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http://marktstudien.nzzcampus.ch/files/WhitePaper-BankingChannelOptimization.pdf
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Detailed Company Contact Information: Contract # Contractor & Address: Telephone # Fed. ID # CMS632A HRF: BearingPoint, Incorporated Mr. Paul Gasparini 54 State Street
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BearingPoint is sponsoring this year's 2006 Human Resources Performance Management Conference in New York on May 9-11, 2006 and we'll have several subject matter experts on human resources available for media to speak with throughout the event.
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Begins March 19, 2008 at 7:30 AM Ends March 19, 2008 at 11:00 AM MSU Management Education Center Troy, MI For more information contact: John Chalifoux 248.952.6401 ext. 233 jchalifoux@oesa.