Marconi signed a ten year outsourcing agreement for the management of its internal Information Technology (IT) systems to Computer Sciences Corporation (CSC). The deal was valued at £450 million (US$735 million) over the ten year term. As part of the deal, CSC will acquire Marconi’s IT assets worldwide, with the exception of its Asia Pacific and the Middle East regions and the company’s UK-based Interactive Systems business, for £26.3 million (approximately US$43 million) in cash.
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- In April, Ericsson announced plans to outsource its entire IT operations worldwide to HP. Ericsson said the move will give it greater flexibility to adjust resources and expertise to meet fluctuations in its business and in the industry. The contract will include transfer of personnel at Ericsson Global IT Services (EGIS) to HP.