CNET: CIBC outsources to HP

Congratulations to Hewlett-Packard who has been awarded a seven year I/T outsourcing contract with Canadian Imperial Bank of Commerce.

“This is one of the largest outsourcing deals in terms of revenue that’s been signed this year by any services company,” said Ann Livermore, executive vice president for HP Services. It’s also by far the biggest services agreement signed by HP since its merger with Compaq Computer last May, HP executives said.

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