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Perot Announces QSS Acquisition for $250M

Tuesday, December 19, 2006 7:30:00 AM PDT | VentureDeal Staff

FAIRFAX, VA  --  Perot Systems (NYSE: PER) announced the acquisition of QSS Group, Inc. for $250 million in cash.

QSS Group, based in Lanham, MD, specializes in providing IT services to the Federal government.  Perot Systems expects to expand the scope of its services to the government and increase its capabilities to offer such services.

QSS Group's clients include the Coast Guard, the US Army, NASA, NOAA and the intelligence community.

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