--Contract worth EUR80 million according to a spokeswoman for
the company
--Capgemini is entering into a new strategic partnership with
Bayer, says the French IT company.
(Adds the amount of the contract and quote from Capgemini)
By Noemie Bisserbe and Martine Pauwels
PARIS--French information technology services company Capgemini
(CAP.FR) said Wednesday it signed a five year-contract worth about
80 million euros ($101 million) with Bayer Business Services, a
unit of German drug and chemicals giant Bayer AG (BAYN.XE), to
provide software development and infrastructure services in
India.
Under the terms of agreement, Capgemini will take over the
operations of Bayer Business Services' information technology
service center in Mumbai, which has about 550 employees.
"With this contract we are entering into a new strategic
partnership with Bayer," said Olivier Sevillia, Chief Executive for
Capgemini's application services division in Europe, in a
statement.
Capgemini shares traded 0.3% lower at 29.12 at around 0841
GMT.
Write to Noemie Bisserbe at noemie.bisserbe@dowjones.com