Sanmina-SCI, IBM sign multibillion outsourcing agreement.Sanmina-SCI (San Jose San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , CA, www.sanmina-sci.com) has expanded its relationship with 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) (Armonk, NY, www.ibm.com), signing an agreement that calls for Sanmina-SCI to provide a range of additional manufacturing services to IBM in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. and Europe. As part of this agreement, Sanmina-SCI has signed a three-year supply agreement to provide IBM specific manufacturing services. Sanmina-SCI's revenues over the three-year term of the agreement are expected to be in excess of $3.6 billion. Further terms of the transaction, which is expected to close in the first calendar quarter of 2003, were not disclosed. Closing is subject to satisfaction of customary closing conditions, including receipt of regulatory clearances in the relevant jurisdictions. Specifically, IBM will outsource manufacturing of a significant portion of its low and midrange midrange Epidemiology The halfway point or midpoint in a set of observations; for most data, MR is calculated as the sum of the smallest observation and the largest observation, divided by 2; for age data, one is added to the numerator; a midrange is usually eServer xSeries products and IntelliStation workstations and custom configuration of some ThinkPad notebooks for customers in the Americas, Europe, the Middle East and Africa Europe, the Middle East and Africa, usually abbreviated to EMEA, is a regional designation used for government, marketing and business purposes. It is particularly common amongst North American based companies, who often divide their international operations into the to Sanmina-SCI. Sanmina-SCI will acquire the IBM manufacturing operations Manufacturing operations concern the operation of a facility, as opposed to maintenance, supply and distribution, health, and safety, emergency response, human resources, security, information technology and other infrastructural support organizations. that support these products in Mexico and Scotland. In addition, Sanmina-SCI will distribute and fulfill customer orders for computing options for IBM. The agreement also includes the transfer of approximately 650 IBM employees in Greenock, Scotland, 400 IBM employees in Guadalajara, Mexico, and 10 IBM employees in the Raleigh, NC, area. All transferring IBM employees will be offered positions with Sanmina-SCI. |
|
||||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion