This moves the needle a bit for Dell, which is purchasing EMC for $67 billion.
Unfortunately, Dell is selling its IT consulting division for less than it paid for it. Dell bought the division from Perot Systems in 2009 for $3.9 billion.
Dell’s deal to purchase EMC has involved complex financing from the beginning. According to Reuters, Dell is now syndicating $10 billion of its financing package for the EMC acquisition, working with more than 25 underwriters. And it may also be looking to sell other business units such as SonicWall and Quest Software as it aims to close on EMC by October.
NTT Data touts the acquisition as a way to boost its IT services to verticals such as healthcare, financial services, insurance, and the public sector. It also says the deal will increase its presence in North America.