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IBM talking with Allianz about major outsourcing deal

  • German insurance giant Allianz says it has begun exclusive talks with IBM (IBM -0.9%) regarding an outsourcing deal that would lower the number of data centers it relies on from 140 to 6, all of which would be managed by Big Blue. Allianz expects the consolidation effort, which it says will help create a private cloud infrastructure, to be finished by the end of 2017.
  • IBM has been trying to focus its outsourcing efforts on differentiated, higher-margin services such as data center consolidation/management, even at the cost of losing out on deals involving more commoditized services. The company sold its customer care outsourcing unit to Synnex last month for $505M.

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