HP Wins Large P&G Contract
Hewlett-Packard will manage IT infrastructure, data-center, desktop and user support, network management, and application development at Procter & Gamble Co. operations worldwide. It sealed the $3 billion, 10-year deal--its largest deal to date--last week. EDS had been close to a comprehensive $8 billion IT services deal with Procter & Gamble late last year, but the consumer packaged-goods company scuttled the talks because of concerns about EDS's financial stability.
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