02092012Headline:

ABN $1 Billion Contracts May With IBM, TCS, Infosys

ABN $1 Billion Contracts

ABN $1 Billion Contracts

$ 1 billion deal is set to renew with Infosys, Tata Consultancy Services, an Indian outsourcers and IBM by Nationalized Dutch bank ABN AMRO ABRGPA.UL, according to a report published news paper on Tuesday.

To managing computer hardware systems and software applications of banks the contract will renew by the bank with three firms, quoting unidentified sources familiar with the decision, the news paper said.

The news paper said that the previous contract of $ 2 billion had been signed with 5 software companies together with India’s Patni Computer Systems and Accenture.

But still no comments reached from officials of TCS and Infosys.

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