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June 18, 2008

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BOMBARDIER RENEWS $1.2 BILLION CSC AGREEMENT...CSC has renewed its information technology (IT) outsourcing agreement with Bombardier Transportation, an operating group of Bombardier Inc. The new seven-year, $1.2 billion (€765 million) contract, which has an incremental value of approximately $944 million (€610 million), is an extension and expansion of services that began under a 2002 contract that was valued at $700 million over seven years. Under the new agreement, CSC will continue to provide Bombardier Transportation with a full range of infrastructure outsourcing services. These include desktop, service desk, network and application management services for more than 20,000 users at sites across 33 countries around the world.

WNS ACQUIRES BIZAPS...WNS (Holdings) Limited, a leading provider of global business process outsourcing (BPO) services, has acquired Business Applications Associates Ltd. (BizAps), a provider of SAP solutions to optimize ERP functionality for finance and accounting processes. The acquisition of BizAps will enable WNS to further assist global customers in transforming shared services finance and accounting functions, such as purchase-to-pay and order-to-cash. Based in the UK and U.S., with development capability in China, BizAps offers SAP optimization services and SAP certified solutions designed to simplify SAP roll-out and enhance functionality for internal and outsourced shared services centers.

NEUSOFT LAUNCHES NEW SOFTWARE PARK IN CHINA...Neusoft Corporation, the largest offshore software and service outsourcing provider in China, inaugurated another software park at the Dalian High-tech Industrial Zone. Designed to expand its operations and accelerate its globalization process, this facility, the second of its kind invested in by Neusoft in
Dalian, may house 10,000 engineers and will become, combined with the previous one, a software & service global delivery center to facilitate its
fast-growing offshore-outsourcing operations.

Posted by jbowles at June 18, 2008 07:37 PM