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CNNMoney.com: EDS Signs 5-Year, $1 Billion IT Outsourcing Pact With Shell

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; [email protected]
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http://money.cnn.com/news/newsfeeds/articles/djf500/200803310647DOWJONESDJONLINE000263_FORTUNE5.htm

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1 Comment on “CNNMoney.com: EDS Signs 5-Year, $1 Billion IT Outsourcing Pact With Shell”

  1. #1 Goblok
    on Mar 31st, 2008 at 06:47

    It is not core to Shell so a good move for a shareholder. It is after all an Oil and Gas company n’est pas?
    Goblok

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