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Information Technology

Infosys bags $10 mn Microsoft deal

6/18/2009 1:38:08 AM

Mumbai, June (EPC News): US president Barack Obama’s anti-outsourcing policy has not affected Microsoft’s outsourcing plans.

The software giant has awarded a $10-million BPO deal to India’s second-largest IT company Infosys. This is a three-year contract for back-end support such as data processing.

Microsoft has recently signed a five-year outsourcing deal with HCL Technologies.

Infosys BPO, a subsidiary of Infosys, is also close to bagging another deal with Alcatel-Lucent. In a contract worth over $15 million and spanning over three years, the IT firm will provide back-end support to the European telecom major.

Recently, Infosys had set up a separate unit within its BPO arm (Infosys BPO), which concentrates only on the domestic BPO market. Infosys BPO reported revenue of $279.5 million (around Rs 1,300 crore) and net profit of $40.7 million (around Rs 190 crore) for FY09.