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Dell to sell IT division for $3B

Posted online March 28, 2016 | 11:41 am

Dell agreed to sell its information technology services division to Japan's NTT Data for over $3 billion.

The deal would mark one of the largest foreign buyouts in recent years for NTT Data.

The buyout would mean needed capital for Dell, which is in the process of purchasing storage vendor EMC Corp. for tens of billions of dollars.

Read more from Dow Jones Newswires.

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