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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.”
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.
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.
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.