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COPYRIGHT 2004 Datamonitor
Capgemini SA has signed the biggest IT services contract of 2004 so far: a 10-year $3.5bn outsourcing deal with Dallas, Texas-based TXU Corp to provide a range of business process outsourcing and IT support services.
The contract is a significant boost for Paris, France-based Capgemini's ambitions in the US, and will give it a foothold in the one of the country's biggest energy companies, enabling it to compete more successfully with Accenture for energy outsourcing deals.
The markets reacted positively to the news of the contract, with the price of Capgemini's shares shooting up almost 6% to...
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