March 31, 2008: 06:47 AM EST
DOW JONES NEWSWIRES
Electronic Data Systems Corp. (EDS) Monday said it signed a five-year, $1 billion information-technology master services agreement with Anglo-Dutch oil giant Royal Dutch Shell PLC (RDSA).
EDS said the deal is one of three IT outsourcing agreements between Shell and three key suppliers, and is expected to deliver a substantial business improvement to Shell over the five-year initial term of the contract.
EDS will manage Shell’s end-user computing services.
Royal Dutch Shell shares rose 1.2% in London.
-Sarah Turner; 415-439-6400; AskNewswires@dowjones.com
(END) Dow Jones Newswires
Copyright (c) 2008 Dow Jones & Company, Inc.