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Perot Systems buys Original Solutions

13 May 2008  |  2194 views  |  0 Source: Perot Systems

Perot Systems Corporation (NYSE: PER) announced today that it has acquired Original Solutions Limited (Original Solutions), a professional IT services firm providing applications development and management services to clients in Ireland and the United Kingdom.

Financial details of the acquisition were not disclosed.

Original Solutions' competencies include web applications and client server development, enterprise integration and legacy systems re-engineering, as well as significant expertise in IT Service Management and IT Infrastructure Library process management. Based in Limerick and Dublin, Ireland, Original Solutions employs approximately 90 people and reported revenues of euro 9 million in 2007.

"We are pleased to welcome Original Solutions to the Perot Systems global team," said Peter Altabef, president and CEO of Perot Systems Corporation. "With its technology expertise and commitment to operational excellence, Original Solutions will enhance our expanding worldwide IT services capabilities."

"We are proud to be joining Perot Systems," said John Collins, Chief Executive Officer of Original Solutions. "The scale and reach of Perot Systems will enable us to better serve our existing clients and provide new opportunities for our team members. We look forward to becoming a part of Perot Systems' global operations."

"Original Solutions strengthens our portfolio of services and capabilities in the Irish and EMEA markets," said Stephen Walsh, client executive for Perot Systems in Ireland.

Original Solutions' clients include Allied Irish Bank, Bank of Ireland, Eircom, and O2. John Collins, the original founder, will remain as head of the company and will facilitate further expansion.

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