NEW YORK, April 5 (Reuters) - Xerox Corp. will pay $100 million over six years to outsource data-center services to HCL Technologies Ltd, one India's largest information technology service providers, a Xerox spokesman said on Sunday.
As part of the deal, HCL will manage disaster-recovery preparation and consolidate Xerox's data centers in North America and Europe, spokesman Bill McKee said.
Last year Norwalk, Connecticut-based Xerox cut about 3,000 jobs.
In November, the two companies announced a partnership, which called for HCL to help companies integrate Xerox's manage print services into their systems.
Last month, Xerox chopped its first-quarter earnings forecast by as much as 85 percent, as the slowdown in office equipment spending badly hurt revenue and thwarted its cost-cutting efforts.
(Reporting by Ilaina Jonas, editing by Martin Golan) Keywords: XEROX/ (ilaina.jonas@thomsonreuters.com ; +1 646 223 6193; Reuters Messaging: ilaina.jonas.reuters.com@reuters.net ) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
As part of the deal, HCL will manage disaster-recovery preparation and consolidate Xerox's data centers in North America and Europe, spokesman Bill McKee said.
Last year Norwalk, Connecticut-based Xerox cut about 3,000 jobs.
In November, the two companies announced a partnership, which called for HCL to help companies integrate Xerox's manage print services into their systems.
Last month, Xerox chopped its first-quarter earnings forecast by as much as 85 percent, as the slowdown in office equipment spending badly hurt revenue and thwarted its cost-cutting efforts.
(Reporting by Ilaina Jonas, editing by Martin Golan) Keywords: XEROX/ (ilaina.jonas@thomsonreuters.com ; +1 646 223 6193; Reuters Messaging: ilaina.jonas.reuters.com@reuters.net ) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.