Computer Sciences gets $2.9B service contract

AP News
Posted: Nov 25, 2009 2:47 PM

Computer Sciences Corp. said Wednesday that it signed a new data center and information technology infrastructure management service agreement with Zurich Financial Services Group.

The agreement is estimated to be worth up to $2.9 billion, and spans 10 1/2 years.

Under the contract, Computer Sciences will centralize Zurich Financial's data center and virtualize its servers.

The contract's services are expected to start in the first half of next year. Depending on the agreements that are made between the companies in different countries, up to about 1,000 Zurich Financial employees may move to Computer Sciences in the first half of 2010, Computer Sciences said.

Zurich Financial and Computer Sciences began working together in 2004, when they signed a $1.3 billion, seven-year applications outsourcing contract. In 2008 Computer Sciences also began providing desktop services in Europe and North America.