HCL gets $350 mn outsourcing deal from Readers Digest group

HCL gets $350 mn outsourcing deal from Readers Digest group
PTI
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First Published: Mon, Mar 16 2009. 02 49 PM IST
Updated: Mon, Mar 16 2009. 02 49 PM IST
New Delhi: Software exporter HCL Technologies today said it has bagged a 350 million dollar IT outsourcing services deal from media and marketing house Readers Digest Association.
As part of the engagement, HCL Technologies would provide application development and infrastructure support across the application stack of Oracle, open technologies, main frame, infrastructure support for network, security, storage, end user computing and data centres, HCL said in a statement.
HCL would also take a number of RDA employees on its rolls, as per the seven-year deal.
The deal comes amid the Indian IT industry struggling to clinch big outsourcing deals due to the current global financial crisis.
RDA senior vice president for Global Operations (IT and Business Redesign) Al Perruzza said: “It is a key enabler to our business. We expect that HCL will bring down cost of operations significantly, while improving services and bringing technology and capabilities to transform our IT functionality and service.”
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First Published: Mon, Mar 16 2009. 02 49 PM IST