Dell, IBM Announce Information-Technology Services Agreement Estimated $6 Billion Pact Matches Capabilities of Two Industry-Leading Companies.NEW YORK--(BUSINESS WIRE)--Sept. 27, 1999-- Dell Computer Corporation (company) Dell Computer Corporation - One of the biggest US manufacturers of IBM PC compatibles. "From notebooks to networks", their slogan says. http://us.dell.com. (Nasdaq:DELL) and IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) (NYSE NYSE See: New York Stock Exchange :IBM) today announced an agreement that will make IBM Global Services IBM Global Services is the world's largest business and technology services provider. It is the fastest growing part of IBM, with over 190,000 professionals serving customers in more than 160 countries. a strategic provider of computer-related services to Dell customers. The agreement could be worth $6 billion over seven years. Additional terms were not disclosed. The arrangement pairs the complementary capabilities of the world's leading direct computer-systems company with the largest provider of information-technology services. This strategic agreement formalizes and expands the scope of a pre-existing Adj. 1. pre-existing - existing previously or before something; "variations on pre-existent musical themes" pre-existent, preexistent, preexisting antecedent - preceding in time or order services relationship between the two companies. It also builds on the $16-billion strategic technology agreement announced by IBM and Dell last March. Believed to be the largest of its kind in the IT industry, the technology contract gives Dell broad access to components based on IBM's leading technology. Early next year, Dell will start offering its U.S. corporate, government and education customers a range of installation and onsite warranty services from IBM Global Services for Dell's desktops, notebooks, workstations, network servers and data-storage products. The intent is to extend the services to other international markets beginning next year. "The capabilities and scale of IBM Global Services are highly regarded," said Kevin Rollins, Dell vice chairman. "The combination of IBM's services portfolio; our own extensive range of services; those of our existing global service partners, Unisys and GetronicsWang; as well as our award-winning products, makes for an extraordinary value proposition to Dell customers. The relationship enhances Dell's global services reach and offers customers more choice in selecting IT solutions." "Information technology is now at the heart of all businesses, whether they're large corporations or Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the start-ups," said Samuel J. Palmisano Samuel J. Palmisano (born July 29, 1951) is the current Chairman, CEO, and President of IBM, one of the world's largest IT companies. He was elected Chairman in October 2002, effective January 1, 2003, and has served as Chief Executive Officer since March 2002. , senior vice president and group executive, IBM Global Services. "This agreement will help ensure that Dell's customers' products are up, running and operating at peak efficiency." Ranked No. 78 among the Fortune 500 companies and No. 210 in the Fortune Global 500, Dell Computer Corporation is the world's leading direct computer systems company, based on revenues of $21.7 billion for the past four quarters. Dell designs, manufactures and customizes products and services to customer requirements and offers an extensive selection of software and peripherals. Information on Dell and its products can be obtained through its toll-free number 800/388-8542 or by accessing the Dell World Wide Web site at www.dell.com. IBM Global Services is the world's largest information technology services provider, with 1998 revenues of approximately $29 billion. Services is the fastest growing part of IBM, with more than 130,000 professionals serving customers in 160 countries. IBM Global Services integrates IBM's broad range of capabilities-services, hardware, software and research-to help companies of all sizes realize the full value of information technology. For more information visit http://www.ibm.com/services. Editor's Note Editor's Note (foaled in 1993 in Kentucky) is an American thoroughbred Stallion racehorse. He was sired by 1992 U.S. Champion 2 YO Colt Forty Niner, who in turn was a son of Champion sire Mr. Prospector and out of the mare, Beware Of The Cat. Trained by D. : The press conference is available to all interested news media in playback Playback could mean:
abbr. Eastern Daylight Time EDT Eastern Daylight Time EDT n abbr (US) (= Eastern Daylight Time) → hora de verano de Nueva York EDT . This function is available until 5:00 P.M. EDT, Thursday, Sept. 30. Domestic: 888/568-0767 International: 402/998-0222 Internet: www.dell.com |
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