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HCL Technologies Has Bagged 7 Year Outsourcing Deal From Readers' Digest Association
16-03-2009  |  Pritesh Kumar
  India has become the global publishing hub. The Indian IT firms have seen an upswing in demand from the media, publishing and entertainment vertical in the last few quarters and there is a healthy pipeline of such deals.

HCL Technologies on Monday announced it has bagged a seven-year, $350-million total IT services outsourcing contract from media firm The Readers' Digest Association (RDA). Under the deal, HCL will provide applications development and maintenance (ADM) services and infrastructure support to the New York- headquartered publisher of the Readers’ Digest. The Indian IT services firm will also take over some RDA employees under the deal.

RDA markets books, magazines, music, video and educational products reaches a customer base of 130 million households in 79 countries.

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