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Tech Industry

EDS highlights desktop deals

Electronic Data Systems on Thursday said it has inked a series of deals with a desktop computer services component worth a total of about $200 million. The information technology services giant said the contracts include a six-year deal with regional French bank Banque Hervet to manage its IT infrastructure and provide applications support as well as a two-year contract extension with the German Federal Institute of Labour for help-desk services.

Several of the agreements, including a seven-year contract renewal for applications and desktop support with Nuclear Management, were signed in the first quarter and reported with EDS' financial results May 7. The Plano, Texas-based company is struggling to recover from a series of bumps over the past several months, including a drastic earnings shortfall, news of a formal Securities and Exchange Commission probe and a management shake-up.