Brazil's CBD In 5-Year Outsourcing Pact With IBM
15 Octubre 2009 - 6:24AM
Noticias Dow Jones
Brazilian supermarket chain Companhia Brasileira de Distribuicao
(CBD, PCAR5.BR), or CBD, signed a partnership with International
Business Machines Corp. (IBM) to outsource its information
technology, IBM said late Wednesday in a press release.
"The deal, worth about $115 million, was designed by IBM and CBD
to meet current business needs and to support the expansion planned
for the next years," said IBM.
The five year agreement will transfer two data centers of the
retail chain to an IBM Global Delivery Center, based in
Hortolandia, Sao Paulo.
CBD is jointly controlled by the Diniz family of Sao Paulo, the
chain's founders, and by French retail company Casino
Guichard-Perrachon SA (CO.FR). Its main competitors in Brazil
include U.S. retail giant Wal-Mart Stores Inc. (WMT) and France's
Carrefour SA (CRERY, CA.FR).
-By Rogerio Jelmayer, Dow Jones Newswires; 55-11-2847-4521;
rogerio.jelmayer@dowjones.com