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Archive for the 'Contract' Category

IBM signs technology contracts

May
20

IBM Corp. said that it has signed an $11.3 million contract extension to provide business process outsourcing services to Lam Research Corp., a supplier of semiconductor wafer fabrication equipment.

Under the seven-year agreement, Armonk-based IBM will continue to provide accounts payable, cash receipt applications, invoicing, payroll administration and other services to Lam Research, which is based in Fremont, Calif. The contract renews an original agreement signed in 2002.

In a separate contract, IBM will manage the technology infrastructure for Ferrosan A/S, an international consumer and healthcare company that has 800 employees in 70 countries. Terms of the agreement were not disclosed.

Posted by Jay Loomis on Wednesday, May 20th, 2009 at 11:13 am |
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IBM signs two technology contracts

May
1

IBM Corp. said that it has renewed a five-year contract with Canadian Pacific Railway Ltd. to operate the information technology infrastructure for the Calgary, Alberta-based railroad. The contract covers mainframe, database and other computer services. In a seperate announcement, Armonk-based IBM signed a five-year contract to manage data storage for Atkins, a design and engineering group in the United Kingdom.

Posted by Jay Loomis on Friday, May 1st, 2009 at 3:27 pm |
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MasterCard extends contract with Fifth Third Bank

April
30

MasterCard Inc., the Purchase-based credit card giant, said that it has extended a multi-year contract with Fifth Third Bank. The Cincinnati-based bank, which has $119 billion in assets and 1,311 full-service branches, has been issuing MasterCard products since 1980. Under the agreement, Fifth Third will continue to issue credit and debit cards for both consumers and corporations under the MasterCard brand.

Posted by Jay Loomis on Thursday, April 30th, 2009 at 2:07 pm |
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IBM signs $4.2 million technology contract with Amway GmbH

April
29

IBM Corp. has extended a $4.2 million technology outsourcing contract with Amway GmbH for an additional three years. Amway, a direct selling company, has outsourced part of its technology infrastructure work in Germany to Armonk-based IBM since 2004. In a seperate announcement, ABC Brazil Bank has signed a contract with IBM in Brazil to install a data center. The agreement includes 36 months of IBM online maintenance and support.

Posted by Jay Loomis on Wednesday, April 29th, 2009 at 1:04 pm |
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IBM lands contract from Unilever

April
22

IBM Corp. said that it has been awarded a new technology services contract by Unilever, the consumer products giant. Under the agreement, Armonk-based IBM will operate Unilever’s human resources functions in 19 Latin American countries. Financial terms of the contract were not disclosed.

Posted by Jay Loomis on Wednesday, April 22nd, 2009 at 12:04 pm |
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ITT awarded a $121 million order for night vision goggles

April
17

ITT Corp., a White Plains-based defense contractor, said that it has been awarded a $121 million order for night vision goggles from the U.S. Army Research, Development & Engineering Command Acquisition Center. This order represents the fifth largest received by ITT. The goggles can be hand-held, head- or weapon-mounted, or fitted to a camera by soldiers who use them to aid target identification on the battlefield.

Posted by Jay Loomis on Friday, April 17th, 2009 at 12:18 pm |
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Emerging Health Information Technology awarded tech contract

April
16

Emerging Health Information Technology, a Yonkers-based health services company, said that it has been awarded a contract by North Shore-LIJ Health System, the largest health care provider in New York state. Under the agreement, Emerging Health will provide computer network support for some of North Shore-LIJ’s 15 hospitals, 17 long-term care facilities and other operations.

Posted by Mike Bieger on Thursday, April 16th, 2009 at 1:55 pm |
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Westcon signs agreement with Cisco Systems

April
15

Westcon Group, Inc., a Tarrytown-based telecommunications networking company, said that it has signed a multi-year global distribution agreement with Cisco Systems Inc. Westcon said the agreement will allow both companies to increase access to emerging markets in Africa, Latin America and Southeast Asia.

Posted by Jay Loomis on Wednesday, April 15th, 2009 at 1:24 pm |
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IBM announces two bank contracts in Asia-Pacific region

April
14

IBM Corp. announced two contracts with banks in the Asia-Pacific area this week, further expanding its presence in the rapidly growing region.

The Armonk-based company said today that Hokkoku Bank in Japan has extended a 10-year outsourcing contract for an additional six years and eight months. The contract calls for IBM to manage the bank’s information technology system.

On Monday, IBM announced a 10-year contract to provide information technology outsourcing services to Kurmanchal Nagar Sahakari Bank Ltd. in India. IBM will manage the technology infrastructure, manage the disaster recovery site and provide the networking infrastructure for the bank.

Posted by Jay Loomis on Tuesday, April 14th, 2009 at 4:44 pm |
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IBM signs 10-year contract with Indian bank

April
13

IBM Corp. has signed a 10-year contract to provide information technology outsourcing services to Kurmanchal Nagar Sahakari Bank Ltd. in India. As part of the agreement, Armonk-based IBM will manage the technology infrastructure, manage the disaster recovery site and provide the networking infrastructure for the bank. Financial terms of the contract were not disclosed.

Posted by Jay Loomis on Monday, April 13th, 2009 at 3:58 pm |
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IBM signs technology contract with Japanese insurer

April
7

IBM Corp. said that it has signed a five-year extension to a technology outsourcing contract with Mitsui Sumitomo Insurance, a major financial services conglomerate in Japan.

As part of the agreement, Armonk-based IBM will manage Mitsui’s computer mainframe systems.

The new agreement follows an original ten-year contract signed by the companies in August 1999. Financial terms of the contract were not disclosed.

Posted by Jay Loomis on Tuesday, April 7th, 2009 at 2:17 pm |
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Reynolds acquires American Legacy brand

April
3

Rodney Reynolds said his RJR Communications and RJR Media Group have acquired American Legacy magazine and related brand products from Forbes Inc., and have moved its offices to 7 W. Broad St. in Mount Vernon. Terms were not disclosed. American Legacy Magazine, published quarterly and distributed nationally through black churches and educational and cultural organizations, was a joint venture between RJR Communications and American Heritage Inc., an affiliate of Forbes. Other American Legacy brands include American Legacy Woman; American Legacy Healthcare Advantage; American Legacy, Jr. and American Legacy TV. American Legacy has a staff of 11.

Posted by Jerry Gleeson on Friday, April 3rd, 2009 at 5:04 pm |
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Engel Burman Group will co-develop St. Agnes project

April
3

North Street Community said it has a joint venture agreement with The Engel Burman Group to develop an assisted living community at the former St. Agnes Hospital in White Plains. Engel Burman is a real estate company that owns, builds and manages residential and other kinds of properties throughout the eastern United States, including the Bristal Assisted Living communities on Long Island. North Street Community plans to redesign the 150,000-square-foot former main hospital building into an assisted living community, with a separate area for those residents with memory loss associated with dementia.

Posted by Jerry Gleeson on Friday, April 3rd, 2009 at 4:42 pm |
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IBM signs tech contract with Campbell Soup

April
1

IBM Corp. said that it will provide information technology outsourcing services to Campbell Soup Co. under a 65-month agreement that extends a 15-year relationship between the companies. IBM’s services will support Campbell’s operations in North America, Asia Pacific and Europe. Financial terms of the contract were not disclosed.

Posted by Jay Loomis on Wednesday, April 1st, 2009 at 1:29 pm |
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IBM signs tech contract with mobile phone retailer

March
31

IBM Corp. has signed a contract to provide information technology services to The Carphone Warehouse, a retailer of mobile phones and services in Europe. Under the agreement, Armonk-based IBM will provide infrastructure services for servers, storage, desktop and other tech products. Financial details of the contract were not disclosed.

Posted by Jay Loomis on Tuesday, March 31st, 2009 at 11:51 am |
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Broadview Networks lands Massachusetts contract

March
25

Broadview Networks, a Rye Brook-based business communications provider, said that the Cape Ann Chamber of Commerce in Massachusetts has selected the company as its primary voice and Internet service provider. The Cape Ann chamber serves business communities in Gloucester, Rockport, Essex and Manchester-by-the-Sea.

Posted by Jay Loomis on Wednesday, March 25th, 2009 at 3:24 pm |
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Workshop focuses on West Point contracts

March
19

The Rockland Economic Development Corporation will hold a free Procurement Technical Assistance Center program on doing business with the U.S. Military Academy at West Point on Friday, March 20, at 9 a.m. The program will be held in Room 100 of the classroom building at Westchester Community College in Valhalla.
Eleanor Lincoln, a small business specialist with the U.S. Military Academy Directorate of Contracting, will present, “Reverse Auction – A Pricing Technique.”

Posted by Jerry Gleeson on Thursday, March 19th, 2009 at 3:13 pm |
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ITT receives $317 million order for jamming devices

March
10

ITT Corp., the White Plains-based defense contractor, said that it has received a $317 million order to produce jamming devices that will be used by the U.S. Marine Corps. Under the contract, ITT will make 4,501 CREW 2.1 Vehicle Receiver Jammers. Troops mount the devices on armored vehicles to prevent the detonation of roadside explosive devices.

Posted by Mike Bieger on Tuesday, March 10th, 2009 at 3:47 pm |
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Environmental Power signs Colorado contract

March
3

Environmental Power Corp., a Tarrytown-based company that produces natural gas from animal waste and other organic materials, announced a contract with a power producer in Colorado.

Under the agreement, Environmental Power’s Microgy Inc. subsidiary will supply renewable natural gas to Xcel Energy. Xcel will use the gas to generate carbon-neutral electricity at a generating station near Platteville, Colo. The contract is subject to approval by the Colorado Public Utilities Commission.

Posted by Jay Loomis on Tuesday, March 3rd, 2009 at 6:03 pm |
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ITT awarded $22 million Indian contract

March
2

ITT Corp., a White Plains-based maker of water treatment systems, said that it has been awarded a $22 million contract to provide water pumps for two major irrigation systems in India.

The project, in the Andhra Pradesh region of India, will irrigate more than 250,000 acres of farmland. ITT will also supervise the installation of the systems. The expected delivery date is late 2010.

“Andhra Pradesh is known as the ‘Rice Bowl of India’ and these projects enable us to make a vital contribution by bringing water where it is needed and growing Indian agricultural production,” said Sam Yamdagni, managing director of ITT India.

For more than a decade, ITT has been a supplier of water and industrial pumps in India. The company also supplies shock absorbers for Indian Railways and components used in India’s space program, including the country’s first moon mission.

Posted by Jay Loomis on Monday, March 2nd, 2009 at 2:12 pm |
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About this blog
Business in the Burbs is our online news blog about businesses based or operating in the Lower Hudson Valley. Visitors here will also find items of interest to consumers in the region. Most contributions are from business reporters and editors covering Westchester, Rockland and Putnam counties.

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