UK news and information group Reuters is outsourcing its internal IT infrastructure to Fujitsu Services under a ten year deal worth around £500 million.
Under the agreement Fujitsu will provide IT services for Reuters' 17,500 employees and contractors in over 100 countries.
According to press reports, Reuters will transfer more than 300 staff and 200 contractors to Fujitsu as part of the deal, which is expected to save the vendor £150 million over the period of the contract.
David Lister, CIO, Reuters, says: "This partnership will allow Reuters to accelerate the development of our internal IT services, giving us greater flexibility to respond to the changing needs of our business divisions. It will provide technology appropriate to the needs of our people wherever they are working around the world."
Lister told reporters that the deal had been sealed before Reuters' £8.75 billion takeover by Canada's Thomson Corporation.
Fujitsu says it will transform Reuters internal computer systems so that users can gain secure access to IT services wherever they are in the world. Reuters will be supported by Fujitsu multi-lingual service desks in Lisbon and Kuala Lumpur. Data centre services will be provided from Fujitsu facilities around the world.