Xerox to pay $100M in outsourcing deal

(AP) - Xerox Corp. will pay $100 million over sixyears to outsource data-center services to India's HCL TechnologiesLtd., a Xerox spokesman said Sunday. HCL will manage disaster-recovery preparation

News 12 Staff

Apr 6, 2009, 1:05 PM

Updated 5,492 days ago

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Xerox to pay $100M in outsourcing deal
(AP) - Xerox Corp. will pay $100 million over sixyears to outsource data-center services to India's HCL TechnologiesLtd., a Xerox spokesman said Sunday.
HCL will manage disaster-recovery preparation and consolidateXerox's data centers in North America and Europe, said spokesmanBill McKee.
The Norwalk-based printer and copier maker has beencutting costs and announced last year it would slash 3,000 jobsfrom its worldwide payroll of 57,000. McKee said the deal with HCLis not related to the restructuring.
As of last October, HCL said it did business in 19 countries,with a strong manufacturing client base and a growing life sciencesbusiness. In the previous fiscal year, HCL relied on the U.S.market for 57.4 percent of its business, with more than two-thirdsof revenue coming from nonfinancial services companies.


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