Nov. 3, 2016
Plano, Texas - Nov. 2, 2016 - NTT DATA, Inc. today announced its acquisition of Dell Services has closed, expanding the company’s brand and IT services leadership globally. The newly acquired business, which on an interim basis will be called NTT DATA Services, expands NTT DATA’s ability to deliver insights, solutions and outcomes that lead to tangible business results for clients.
“Welcoming Dell Services into NTT DATA is a milestone acquisition in our effort to partner with clients as they navigate the digital disruptions in today’s markets,” said Toshio Iwamoto, president and CEO of NTT DATA Corporation. “As a top 10 global business and technology services provider, we have been aggressively expanding our international business, boldly pursuing growth as a 'Global IT Innovator.’ The acquisition of Dell Services is another step toward achieving our vision of becoming a top five global IT services leader.”
The combined company represents one of the industry’s most comprehensive services portfolios designed to modernize business and technology. NTT DATA’s expanded capabilities and scale include:
John McCain, CEO of NTT DATA, Inc., will have overall responsibility for leading the business.
“With our combined expertise, services and resources, there’s simply no better team to enable clients to stay a step ahead in highly competitive markets,” said McCain. “We have extremely complementary portfolios and less than 10 percent client overlap. More importantly, both companies have always had an unwavering dedication to client success. Our clients and employees are very enthusiastic about the opportunities this acquisition creates.”
“I’m very glad to see this business, which has made great strides, find such a strong fit in NTT DATA where it will be able to continue its momentum,” said Suresh Vaswani, president of NTT DATA Services, formerly Dell Services. “I will remain in my current role to lead the business through the end of January 2017, to ensure a smooth transition through its current fiscal year.”
The organizational structure will be aligned for a vertically-oriented go-to-market strategy, with key leaders (effective April 1, 2017) listed here.
Wells Fargo Securities acted as lead financial advisor to NTT DATA, Inc. J.P. Morgan Securities LLC and Credit Suisse Securities (USA) LLC also acted as financial advisors to NTT DATA, Inc. Citigroup acted as lead financial advisor to Dell Inc.
NTT DATA partners with clients to navigate and simplify the modern complexities of business and technology, delivering the insights, solutions and outcomes that matter most. We deliver tangible business results by combining deep industry expertise with applied innovations in digital, cloud and automation across a comprehensive portfolio of consulting, applications, infrastructure and business process services.
NTT DATA is a top 10 global business and IT services provider with 100,000+ professionals in more than 50 countries, and is part of NTT Group, a partner to 85 percent of the Fortune 100.
Connect with us:
“I’ve thought a lot about the transition of Dell Services to NTT DATA and I was thrilled. There are a lot of other companies I had concerns about, but not NTT DATA … The last transition was completely seamless. The same people were engaged in the same hand in glove activity. It was a nonevent.”
Deborah Norton, CIO, Harvard Pilgrim Health Care
“The relationship between what’s now Dell and Harvard Pilgrim goes back 17 years. That’s longer than a lot of marriages. There’s a tremendous amount of confidence and a tremendous amount of personal investment.”
Bob Trombly, Deputy CIO, Harvard Pilgrim Health Care
“Dell Services provides my infrastructure capability and NTT DATA provides my application support. So I think we are in a unique position because we have both companies here today, and I’m very reliant on both of them.”
Lisa Ryan, CIO, MKS Instruments
“When I have big projects, they have knowledgeable people across the globe that can get the work done. I couldn’t be that nimble if I had a full time employee base, so the flexibility and capacity is a big benefit of our relationship. When Dell Services goes to NTT DATA, I would expect that to continue.”
Lisa Ryan, CIO, MKS Instruments
“Dell Services is the fabric underneath that allows my business to operate effectively, efficiently, and productively … I really feel that the NTT DATA leadership understand the services business and delivering services to their customers. I think the transition for Dell Services into NTT DATA will allow them to be in a business that’s 100% focused in IT services.”
Greg Moore, VP Infrastructure, KB Home
The services, prices of products and services, specifications, telephone numbers, etc. for inquiries and other information included in news releases are the data available on the day of the release. This information may be changed at any time without notice. In certain circumstances, due to various risks or unexpected occurrences, actual results may also be different from the plans or projections in news releases.