Originally published 04:00 p.m., April 5, 2009, updated 03:07 p.m., April 5, 2009
Xerox in $100M data services outsourcing deal
ASSOCIATED PRESS

NORWALK, CONN. (AP) - Xerox Corp. will pay $100 million over six years to outsource data-center services to India's HCL Technologies Ltd., a Xerox spokesman said Sunday.

HCL will manage disaster-recovery preparation and consolidate Xerox's data centers in North America and Europe, said spokesman Bill McKee.

The Norwalk, Conn.-based printer and copier maker has been cutting costs and announced last year it would slash 3,000 jobs from its worldwide payroll of 57,000. McKee said the deal with HCL is 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 sciences business. In the previous fiscal year, HCL relied on the U.S. market for 57.4 percent of its business, with more than two-thirds of revenue coming from nonfinancial services companies.

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