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SEARCHNEW YORK -- IBM and Cendant Corp. have signed a $1.4 billion technology services agreement that has IBM managing Cendant's data center in Denver. IBM will also offer computer support services an...
NEW YORK -- IBM and Cendant Corp. have signed a $1.4 billion technology services agreement that has IBM managing Cendant's data center in Denver. IBM will also offer computer support services and Web hosting for Cendant.
Moreover, the agreement calls for Cendant to transfer 500 technology employees to IBM. But Cendant will continue to run the majority of its technology operations in-house.
The parent company of Avis Rent A Car, Cendant also owns units in the real estate, travel reservations, and hotel industries. The company has 60,000 employees.
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