Perot Systems Bolsters Consulting Capabilities with Addition of BearingPoint Management Consulting (Shanghai) in China

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.

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