EDS Signs 5-Year, $1 Billion IT Outsourcing Pact With Shell
Dow Jones


Electronic Data Systems Corp. (EDS) Monday said it signed a five-year, $1 billion information-technology master services agreement with Anglo-Dutch oil giant Royal Dutch Shell PLC (RDSA).

EDS said the deal is one of three IT outsourcing agreements between Shell and three key suppliers, and is expected to deliver a substantial business improvement to Shell over the five-year initial term of the contract.

EDS will manage Shell's end-user computing services.

Royal Dutch Shell shares rose 1.2% in London.

-Sarah Turner; 415-439-6400; AskNewswires@dowjones.com

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