Tuesday, June 14, 2005

Disney taps IBM in $1.3 billion tech services deal | Tech News on ZDNet

Disney taps IBM in $1.3 billion tech services deal | Tech News on ZDNet: "Walt Disney on Monday confirmed plans to have computer services suppliers IBM and Affiliated Computer Services take over a range of its technical operations, in deals the contractors said were worth a total of $1.3 billion over seven years.
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'This represents a substantial deal for a firm (ACS) whose typical deals are valued at less than $100 million,' wrote Montano in a note to clients. He rates ACS stock a 'buy.'

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