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MDS signs global-technology outsourcing agreement

Published in Health and Medicine Week, October 27th, 2003

MDS, Inc., (MDZ) and IBM Canada, Ltd., announced that they have signed a 7-year global technology-services outsourcing agreement.

The projected $265-million agreement includes personal computers, servers, helpdesk, and network outsourcing.

This agreement is a key component of MDS's strategic initiative to change the way the company does business, enabling it to build a common platform that will allow it to integrate future acquisitions faster and at a lower cost. This will also allow MDS to move to a more robust, higher-quality infrastructure that will serve the needs of its customers as the company grows.

"By outsourcing services...

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