IBM, ACS win $1.3B Disney contract
A Reuters newswire article on CNN/Money reveals that:
Walt Disney Co. confirmed plans Monday to have computer services suppliers IBM and Affiliated Computer Services take over a range of its technical operations, in deals the contractors said were worth a total of $1.3 billion over seven years.
IBM spokesman John Buscemi confirmed that IBM stood to receive roughly $730 million over seven years. Earlier Monday, Affiliated Computer said in a regulatory filing that its seven-year contract with Disney was worth $610 million.
Neither company would say how many jobs would be affected, but sources said that Disney planned to transfer one-third of its computer services employees, or 1,000 of Disney's 3,000-strong technology staff, to outside contractors.
posted by Fergie @ 6/14/2005 06:38:00 AM
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