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April 28, 2006

Mother of all IT deals

Posted by Monica Soto at 10:12 AM

Plano, Texas-based EDS today announced a seven-year, $1.7 billion global IT services agreement with Kraft Foods.

EDS will support Kraft in 72 countries, with services such as data centers, hosting, telecommunications anad workplace support centers starting in June.

Its partners, including Dell, Microsoft and Cisco, will provide hardware and software to Kraft. Roughly 670 Kraft employees globally will transfer to EDS as part of the deal.

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