NU Online News Service, July 29, 2004, 1:13 p.m. EDT
The Phoenix Companies Inc., Hartford, is hiring Electronic Data Systems Corp., Plano, Texas, to manage most of its computers and networks.[@@]
Phoenix has signed a 7-year agreement that calls for it to pay EDS a total of $122 million, the companies say.
Under the agreement, EDS will be responsible for managing mainframe and desktop computers, data storage systems, printing systems and telecommunications operations at Phoenix. EDS also will be responsible for running the company’s computer help desk, data security operations and disaster recovery operations.