German Pfleiderer AG and IBM (NYSE: IBM) signed a seven-year outsourcing contract. As part of the agreement, IBM will provide application hosting and management services out of Germany and Canada for all SAP Systems in Pfleiderer's worldwide locations.

IBM (NYSE: IBM) and Romero Group, Peru's largest private business group, today announced they have signed a five-year IT infrastructure outsourcing agreement.

Banco Espírito Santo (BES), one of the major multi-specialist financial groups in Portugal and IBM (NYSE: IBM), today announced a seven-year outsourcing services agreement for IBM to manage the bank's information technology (IT) infrastructure.

CSC (NYSE: CSC) announced that it has signed a new information technology (IT) outsourcing contract with Urenco, a leading supplier of enriched uranium to nuclear power utilities worldwide.

Siemens IT Solutions and Services, a leading provider of IT technology solutions, announced today that it has been awarded a global 5-year contract to provide end-user outsourcing services to NIKE, Inc. (NYSE: NKE), the world's leading designer, marketer, and distributor of athletic footwear, apparel, equipment, and accessories.

HP and Unilever today announced an extension of their relationship with the signing of a seven-year outsourcing contract for the management of Unilever’s technology infrastructure in the Americas, Asia, Africa, Turkey and Middle East.

IBM (NYSE: IBM) today announced a $73 million five and one-half-year outsourcing agreement to provide Hess Corporation (NYSE: HES) with global information technology (IT) infrastructure services.

Computer Sciences Corporation (NYSE: CSC) announced that it has signed a 10-year, $20 million business process outsourcing (BPO) contract with Wilton Re to support the privately owned life reinsurance group’s growth strategy of acquiring large blocks of insurance policies.

Belk, Inc., the largest privately owned department store company in the United States, and IBM (NYSE: IBM) announced that Belk has renewed its existing outsourcing contract as part of a seven-year, $98 million agreement. The extension strengthens a 60-year relationship between the two companies and will help enhance service delivery in support of Belk's business growth model.

Computer Sciences Corporation announced that a leading global provider of healthcare and other insurance products has selected CSC’s business process outsourcing (BPO) services to support its structured settlements business.

Allianz of America (AZOA), parent of Fireman's Fund Insurance Company and Allianz Life Insurance Company of North America, has signed a $330 million, 7-1/2 year outsourcing agreement with IBM that leverages the combined information technology (IT) infrastructure operations of both companies.