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IBM announces a multi-year extension for a large IT outsourcing deal with Ameriprise Financial....

IBM announces a multi-year extension for a large IT outsourcing deal with Ameriprise Financial. As part of the deal, IBM will host Ameriprise's PeopleSoft apps, delivering them via the cloud, and make sure that Ameriprise's tech infrastructure "keeps pace with evolving industry standards." The IBM-Ameriprise deal goes back to 2006. (PR)

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