Tech giant Dell is selling its information technology services unit to NTT Data, an arm of Japan's Nippon Telegraph and Telephone, for $3.05 billion.
The sale will help Dell, the nation's largest computer maker, finance its $67 billion takeover of data storage giant EMC Corp.
The deal also allows NTT to expand its foothold in healthcare IT. NTT operates 230 data centers in 40 countries.
“There are few acquisition targets in our market that provide this type of unique opportunity to increase our competitiveness and the depth of our market offerings,” John McCain, CEO of NTT Data, said in a news release.
Dell provides billing and insurance claims software and electronic health record systems.
Dell's interest in shedding the IT services business was first reported in January. NTT Data emerged as a serious suitor this month.
Dell's large footprint in health IT goes back to the days of iconoclastic entrepreneur and former presidential candidate Ross Perot, who founded Perot Systems in 1988. Dell acquired Perot Systems for $3.9 billion in 2009.
Last week, Dell Services announced a pair of deals with Blue Cross & Blue Shield of Rhode Island and the Dubai Health Authority.
The Rhode Island Blues plan will be working with Dell to improve its operations and add new technology. In Dubai, Dell would provide a suite of outsourced business processes, including revenue cycle management, coding, claims processing and consulting services, according to the announcement.