Deutsche Bank pens cloudy infrastructure deal with HP

Fat outsourcing contracts are relatively few and far between these days, so HP’s 10-year, multi-billion dollar global win with Deutsche Bank is a welcome shot in the arm for its declining Enterprise Services division. The deal was signed before Chrimbo – we asked HP for comment at the time but it refused to talk – but it went …

[Little Mouse]

10 years?

HP must be laughing all the way to...

Well, you get the idea. And they'll have somewhere handy to keep all their oodles of money too. Win-win.

[Anonymous Coward]

Re: 10 years?

My condolences to DB from a current HP victim....

[Tim Bell CERN]

Replacing IBM deal ?

Is this replacing the IBM deal from 2002 ? https://www-03.ibm.com/press/us/en/pressrelease/386.wss

[Schnoerkelman]

Re: Replacing IBM deal ?

No, that contract was replaced last year -- IBM again. This is a different part of the bank (IB as I understand it).