IBM signs seven-year info tech deal with Sun Life
SOURCE: EconomicTimes
DATE: April 9th, 2009
IBM has signed a seven-year deal with Sun Life Financial to manage the insurance giant’s information technology operations in Canada and the United States.
The agreement, which IBM said is worth more than C$300 million ($242 million), expands on a contract signed in 2002.
“Our partnership is being extended further to provide new highly integrated, cost-effective and intelligent solutions to support Sun Life business goals,” Saad Toma, general manager of global technology services at IBM Canada, said in a statement on Thursday.
The extended deal adds infrastructure and operations services to the existing mainframe services being provided, the company said.
