DALLAS, September 10 /PRNewswire/ --
Affiliated Computer Services, Inc. (NYSE: ACS) is expanding and strengthening its relationship with Ingersoll Rand (NYSE: IR) by committing to a 10-year information technology outsourcing services contract valued at US$551 million.
This extended contract enables ACS to continue servicing Ingersoll Rand's existing data center and network requirements as well as integrating the recently acquired Trane business into these services.
"Ingersoll Rand and ACS have established a strong partnership during the past several years. We are excited to expand the relationship and include the integration of Trane's data center and network operations," said Barry Libenson, vice president and CIO, Ingersoll Rand. "ACS possesses the experience, knowledge and familiarity with our infrastructure and operations to drive and ensure a successful integration. By outsourcing our network and data center operations to ACS, Ingersoll Rand will realize improved efficiencies through standardization of tools and processes while significantly reducing our operational expenses."
ACS, Ingersoll Rand's strategic partner since 2002, will be supporting global data centers for mainframe and midrange processing for the diversified industrial firm's business units. ACS will also be providing domestic and international wide area network (WAN) management and support. ACS' services will be delivered across Ingersoll Rand's network locations in the Americas, Europe and Asia Pacific.
"Our success is built on client intimacy and superior service level performance, and we will continue to leverage our expertise throughout the next phase of our relationship with Ingersoll Rand," said Derrell James, executive vice president and group president, IT Outsourcing Solutions, ACS. "By integrating the two environments and streamlining IT functions, ACS will enable Ingersoll Rand's combined organization to achieve its competitive goals and objectives."
ACS' IT Global Service offerings enable commercial businesses and government organizations worldwide to focus on their core competencies. By specializing in designing, developing and delivering effective IT solutions, ACS helps clients streamline IT functions and improve competitive position. ACS IT solutions include IT Consulting, Application Infrastructure, Business Applications and Technology Infrastructure services.
About Ingersoll Rand
Ingersoll Rand is a global diversified industrial firm providing products, services and solutions to enhance the quality and comfort of air in homes and buildings, transport and protect food and perishables, secure homes and commercial properties, and enhance industrial productivity and efficiency. Driven by a 100-year-old tradition of technological innovation, Ingersoll Rand enables companies and their customers to create progress. For more information, visit http://www.ingersollrand.com.
About ACS
ACS, a global FORTUNE 500 company with 65,000 people supporting client operations reaching more than 100 countries, provides business process outsourcing and information technology solutions to world-class commercial and government clients. The company's Class A common stock trades on the New York Stock Exchange under the symbol "ACS." Learn more about ACS at http://www.acs-inc.com.
The statements in this news release that do not directly relate to historical facts constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to numerous risks and uncertainties, many of which are outside the Company's control. As such, no assurance can be given that the actual events and results will not be materially different than the anticipated results described in the forward-looking statements. Factors could cause actual results to differ materially from such forward-looking statements. For a description of these factors, see the Company's prior filings with the Securities and Exchange Commission, including our most recent filing. ACS disclaims any intention or obligation to revise any forward-looking statements, whether as a result of new information, future event, or otherwise.
Web site: http://www.acs-inc.com http://www.ingersollrand.com
Jon Puckett, Vice President, Investor Relations, +1-214-841-8281, jon.puckett@acs-inc.com, or Carol DeMatteo, Director, Corporate Communications, +1-214-841-8110, carol.dematteo@acs-inc.com
Comments