HCL and Xerox Expand Strategic Partnership to Accelerate Operational Transformation
Xerox Holdings Corporation (XRX)
Last xerox holdings corporation earnings: 4/28 06:30 am
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Source: Business Wire
Building on a decade-long Product Engineering relationship, this Managed Services arrangement positions HCL to transform Xerox’s shared services globally, resulting in greater operational efficiency, automation and enhanced service levels NEW YORK & NOIDA, India--(BUSINESS WIRE)-- HCL Technologies (HCL), a leading global technology company, announced that it signed a managed services agreement with Xerox (NYSE: XRX). Under the terms of the agreement, HCL will manage portions of Xerox’s shared services, including global administrative and support functions, including, among others, selected information technology and finance functions (excluding accounting). Leveraging HCL’s global scale and capabilities, Xerox will strategically evolve its shared services into process-first, technology-led digital operations. This seven-year agreement for an incremental $1.3 billion continues to build on the
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