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IBM Bags Eureka Forbes Contract
IBM has signed a five-year business transformation and information technology (IT) outsourcing agreement with Eureka Forbes, a health and hygiene solutions company. The $15 mn deal is based on a risk-reward model and will help Eureka Forbes achieve growth by aligning its IT to business strategy.

Tech Mahindra Extends Date
Tech Mahindra, which has got a controlling stake in Satyam Computer Services, has extended the date for approaching the shareholders. This is in regard to the open offer made by Satyam for the purchase of a 20% stake in the company. SEBI had cleared the open offer recently.

IBM Partners India Glycols
IBM announced it partnership with India Glycols, and other value added specialty chemicals, for enterprise information technology infrastructure services. As part of the agreement, IBM will host and manage the IT infrastructure including IBMs state-of-the-art Blade Center and NSeries storage system solution.

TIBCO Ties up with HCL, VMware
TIBCO, a provider in IT services, has made alliances with HCL Technologies and VMware to facilitate adoption and help enterprise customers realize the benefits of cloud computing with TIBCO Silver. It is a platform designed from the ground up for the rapid delivery of cloud applications inside the enterprise.

Tata Comm Partners with Qtel
Tata Communications has entered into a strategic alliance with Qtel, Qatar based telecommunications service provider. This deal is made to strengthen both companies network reach in the region and in the international space.

Juniper Ties up with NSN
Juniper Networks, a provider in network infrastructure has entered into a joint venture with Nokia Siemens Networks, a major provider in telecommunications services. The joint venture has been made to address the Carrier Ethernet Transport market.

CSC Extends Contract with AMP
CSC, a provider in IT services, has extended its partnership with the leading Australian wealth management company, AMP. The new six-year contract worth $99.5 mn was awarded during FY 09 fourth quarter.

Telstra Awards Contracts Worth $1.2 bn
Australian telecom major, Telstra confirmed that it has awarded outsourcing contracts worth around $1.2 bn to Infosys, EDS and IBM.

Telstra announced that the vendor agreements are part of its IT transformation plans to increase efficiency and streamline IT operations. The IT transformation program has included an extensive analysis of both IT contracts and systems.

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