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Mar 11, 2010
Harvey Nash announces strategic partnership with Alcatel-Lucent, concludes initial €54m fixed term outsourcing contract.
Harvey Nash announces strategic partnership with Alcatel-Lucent, concludes initial €54m fixed term outsourcing contract.
The Harvey Nash Group Plc has been selected as a key strategic partner by Alcatel-Lucent. A new subsidiary company, Nash Technologies GmbH, has been incorporated for this purpose and will be a centre of excellence providing wireless technology maintenance, research and development services.
Revenue generated under the contract is expected to be approximately €54 million over an initial fixed term beginning 1st October 2008 to 31 December 2010. Under the contract, Nash Technologies will endeavour to deliver;-
* a risk-focused, effective and efficient research and development team
* a commitment to focusing on high levels of service to Alcatel-Lucent and new clients
* increased utilisation of the global skills base, particularly in Harvey Nash Vietnam
* a strategy for growing the business and achieving further economies of scale
Albert Ellis, CEO of Harvey Nash said: "Harvey Nash is delighted to have the opportunity to build further upon its strategically important outsourcing service and are pleased to be able to support a significant global player in the wireless telecommunications market. At a time when there is considerable uncertainty in global markets, this opportunity is a powerful example of how the unique Harvey Nash portfolio of services can bring significant benefit to the Group's Fortune 1000 client base."
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