- The Washington Times - Sunday, April 5, 2009

NORWALK, CONN. (AP) - Xerox Corp. will pay $100 million over six years to outsource data-center services to India’s HCL Technologies Ltd., a Xerox spokesman said Sunday.

HCL will manage disaster-recovery preparation and consolidate Xerox’s data centers in North America and Europe, said spokesman Bill McKee.

The Norwalk, Conn.-based printer and copier maker has been cutting costs and announced last year it would slash 3,000 jobs from its worldwide payroll of 57,000. McKee said the deal with HCL is not related to the restructuring.

As of last October, HCL said it did business in 19 countries, with a strong manufacturing client base and a growing life sciences business. In the previous fiscal year, HCL relied on the U.S. market for 57.4 percent of its business, with more than two-thirds of revenue coming from nonfinancial services companies.

Copyright © 2019 The Washington Times, LLC. Click here for reprint permission.

The Washington Times Comment Policy

The Washington Times welcomes your comments on Spot.im, our third-party provider. Please read our Comment Policy before commenting.


Click to Read More and View Comments

Click to Hide