HCL Tech wins 90 mn euro deal from Europe
HCL Technologies Limited has entered into an agreement with European media Company Mecom Group plc ("Mecom") for outsourcing a significant portion of Mecom's IT operations. HCL will initially provide Mecom with infrastructure and, in certain cases, applications management services to Mecom.
Sanjeev Nikore, President, Consumer and Manufacturing, HCL said, "The Company is happy to win the confidence of Mecom and be their transformation IT partner. Our sharp focus on Europe and on micro verticals like Media &Entertainment is helping us win large transformational partnerships where we help customers save costs and invest it back in transforming their business. With this win they hope to emerge as a dominant force in multi-channel services for the media industry."
HCL will initially provide Mecom with infrastructure and, in certain cases, applications management services in the Netherlands, Denmark and Norway. Service provision will commence in the first half of 2012 and will last for 5 years, capable of extension at Mecom's option for a further two years.
The agreement also provides for the extension in due course of the services to be provided by HCL into other areas of IT.
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