companies-said Archives

Deutsche Bank signs multibillion-dollar IT deal with HP

February 24, 2015 admin bank, companies-said, deutsche-bank, joint-statement, large-parts, more-quickly, new-products, will-outsource, will-provide

Deutsche Bank will outsource large parts of its wholesale banking IT infrastructure to U.S.-based Hewlett-Packard (HP) in a multibillion-dollar deal that leaves the group's retail operations untouched. Under the 10-year agreement, HP will provide computing capacity and data storage to host Deutsche's operations, the two companies said in a joint statement on Tuesday. Deutsche will retain activities such as IT architecture and information security.

News Posts

China’s Tencent, Warner Music partner for music streaming

November 13, 2014 admin beijing, companies-said, deal, evolution, global, global-mobile, internet, internet-conference, its-global, music-companies, richest-man, speaks-during, stream-licensed, tencent-holding, thursday

BEIJING (Reuters) – Chinese fans of Linkin Park and Jason Mraz will be able to stream licensed music from Tencent Holding Ltd after the internet firm said on Thursday it had signed a distribution deal with Warner Music Group (WMG). In a statement, the two companies said the deal would help music companies and artists by giving consumers better access to licensed music. The terms of the deal were not disclosed