Out and About
Out and About Procter & Gamble will hand its transactional accounts payable operations to its big outsourcing partner Hewlett-Packard. The two companies signed a 10-year, $3 billion deal nearly a year ago. The accounts payable contract will be for several hundred million dollars, according to Joe Hogan, vice president of managed services marketing at HP. In November, IBM won a big deal to outsource P&Gs human resources systems.Atos Origin will be handling IT integration tasks for the Olympic Games in Athens this year; in Turin, Italy, in 2006; and in Beijing in 2008. Atos, based in Paris, took on the responsibilities when it completed its acquisition of SchlumbergerSema earlier this year. Electronic Data Systems sold its UGS PLM (product lifecycle management) solutions subsidiary to a private equity group consisting of Bain Capital, Silver Lake Partners and Warburg Pincus for $2.05 billion in cash. EDS spun off the unit to focus on its core IT and business process outsourcing business, officials said. Stan Gibson can be reached at firstname.lastname@example.org.
Computer Sciences Corp. is hammering out a major IT infrastructure support contract with Sears, Roebuck. In a deal that is expected to be signed by the end of June, CSC would provide Sears with desktops, servers and systems support for Sears Web sites. Also included would be voice and data networks, help desk, risk management, asset management and decision support. Value: $200 million for up to 10 years. About 260 Sears employees will go to work for CSC.