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HCL wins $70-m Teradyne deal   

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CIOL Bureau
New Update

NEW DELHI: Global IT services firm HCL

Technologies Ltd
has entered into a five-year, $70 million multi-service

outsourcing deal with Teradyne, a supplier of Automatic Test equipment.






The scale of the engagement includes IT Consulting, Application Development and
end-to-end Application and IT Infrastructure Management involving datacentre,

network, security and help desk services.






This multi-service outsourcing deal with a co-sourcing model of engagement
integrates Remote Infrastructure Management with other critical operations for

Teradyne. HCL will also be involved in architecture and design of Teradyne's

IT operations and data centre migration. This deal represents an extension of a

four-year engagement with Teradyne.






Chuck Ciali, CIO of Teradyne said: “We selected HCL on the basis of its
breadth of experience with global customers in the hi-tech manufacturing

industry, its partnership approach and the transparency in its engagement

models. This partnership will enhance Teradyne's capabilities in global

sourcing, enable reduction in costs and improve our agility as we enhance our

position as a global leader in automatic test equipment.”






Vineet Nayar, president, HCL, said: “HCL is one of the few companies in the
world to have a consistent, proven track record of achieving high offshore

leverage. By remaining focused on our vision for transformational relationships

with customers, HCL has announced three engagements comparable in size and scope

in 2006 alone. We are excited about the value we can jointly create in this

relationship and are happy to have Teradyne as one of our top 10 customers”






HCL pioneered the concept of remote Infrastructure management (RIM) with a
Co-sourcing model of engagement, which has added substantial value to customers

including Fortune 500 and Global 2000 enterprises. HCL created a new uncontested

market space which today has become a disruptive trend.






Sandeep Kishore, vice-president of HCL's Hi-Tech and Semiconductor Practice,
commented on the transformational aspect of the engagement: “We have a unique

approach to service delivery that offers our customers enhanced value in the

short term as well as over the life of the relationship. Teradyne will benefit

from HCL's first full service outsourcing partnership and other service

innovations to ensure successful transformation of its IT portfolio.”






Teradyne is a leading supplier of Automatic Test Equipment used to test complex
electronics used in the consumer electronics, automotive, computing,

telecommunications, and aerospace and defense industries. In 2005, Teradyne had

sales of $1.08 billion, and currently employs about 4,000 people worldwide.






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