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EDS Inks $90M Deal with Chilean Financial Services Firms

Information technology consulting and outsourcing firm Electronic Data Services announced Tuesday that it has secured a seven-year, $90 million contract from three Chilean financial services firms. EDS said the technology infrastructure management agreement is with Nexus, Redbanc and Transbank. EDS explained that it will help those companies consolidate their five data centers, which in turn should lower costs and aid their growth. To serve its new clients, EDS said it will construct a high-efficiency data center near Santiago, Chile. EDS added that it will also provide the trio with end-user support and call center operations for some 1,200 employees. Headquartered in Plano, EDS is a subsidiary of the Hewlett-Packard Development Co.