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Short Take: Perot bids on Nets assets

Perot Systems submitted a bid to purchase some of the intellectual property assets of bankrupt Nets, a source close to the company said. Perot hired 40 former employees of Nets in late May to complement its Internet strategy and operations, but has no plans to purchase Nets in its entirety, the source said. Nets filed for a Chapter 11 reorganization bankruptcy last month.

Perot Systems submitted a bid to purchase some of the intellectual property assets of bankrupt Nets, a source close to the company said. Perot hired 40 former employees of Nets in late May to complement its Internet strategy and operations, but has no plans to purchase Nets in its entirety, the source said. Nets filed for a Chapter 11 reorganization bankruptcy last month.