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EDS signs $350 million desktop contract

Electronic Data Systems on Wednesday said it has signed a seven-year, $350 million contract to manage desktop computing for Barclays, a major British retail bank. Plano, Texas-based EDS will provide support for 41,700 desktop computers across Barclays' various divisions.

Barclays said it hoped the contract would allow it to lower its operating costs while providing a common desktop IT service.