Reuters inks $1 billion deal to outsource global IT ops to Fujitsu
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News and financial services company Reuters will outsource almost its entire internal IT operations to Fujitsu under a 10-year deal valued at 500 million ($1 billion).
Reuters will transfer more than 300 staff and 200 contractors to Fujitsu as part of the deal, which includes desktop PC maintenance and e-mail services for 17,500 employees worldwide, a Reuters spokeswoman said. Reuters expects the deal to reduce its annual IT costs by 20 percent to 30 percent, the spokeswoman said, although she would not provide actual figure
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