![]() “This expanded partnership is a testament to the strong Xerox-HCL relationship that has grown through multiple collaborations over the past 10 years,” said C Vijayakumar, President and Chief Executive Officer, HCL Technologies. patents and have created world-class R&D labs that are tightly integrated with Xerox infrastructure and standards. Together, HCL and Xerox have delivered 215 U.S. Under that agreement, HCL currently manages aspects of Xerox’s mechanical, electrical and software engineering activities for printer and imaging product lines. This seven-year agreement for an incremental $1.3 billion continues to build on the success of the Xerox-HCL relationship, which began in 2009 with product engineering and support services. Leveraging HCL’s global scale and capabilities, Xerox will strategically evolve its shared services into process-first, technology-led digital operations. Under the terms of the agreement, HCL will manage portions of Xerox’s shared services, including global administrative and support functions, including, among others, selected information technology and finance functions (excluding accounting). New York, USA and Noida, India – Ma– HCL Technologies (HCL), a leading global technology company, announced that it signed a managed services agreement with Xerox (NYSE: XRX). Actian Avalanche Hybrid Cloud Data Platformīuilding on a decade-long Product Engineering relationship, this Managed Services arrangement positions HCL to transform Xerox’s shared services globally, resulting in greater operational efficiency, automation and enhanced service levels.Travel, Transport, Logistics & Hospitality.
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