Perot acquires Tellurian Networks

In a move to expand its information technology health care offerings, Perot Systems Corp. has acquired Tellurian Networks Inc., a managed services hosting provider of electronic medical records and practice management applications to physician groups.

Perot purchased substantially all of Tellurian Networks' assets, but precise financial terms were not disclosed.

"With its demonstrated expertise and commitment to operational excellence, Tellurian will enhance our expanding worldwide health care IT services capabilities," said Peter Altabef, president and chief executive officer of Perot Systems, in a statement today.

The managed services hosting model for medical applications is an attractive fit for Perot's existing health care IT implementation and consulting business, added Chuck Lyles, president of the Perot Systems health care group.

Following completion of the acquisition, all Tellurian employees at the company's headquarters in Newton, N.J., and in Los Angeles will join Perot Systems.

Perot Systems, of Plano, Texas, ranks No. 41 on Washington Technology's 2008 Top 100 list of the largest federal government prime contractors.