(REUTERS) IBM, Dell to announce multi-bln dollar extension to pact
IBM, Dell to announce multi-bln dollar extension to pact
NEW YORK, Sept 27 (Reuters) - Computer makers International
Business Machines Corp. <IBM.N> and Dell Computer Corp. <DELL.O>
said on Monday they plan to unveil a "multi-billion" dollar
extension of their $16 billion strategic pact announced in
March.
Under the seven-year agreement disclosed on March 4, IBM said
it would supply Dell with a range of key computer components for
its machines including disk drives, chips, network attachments
and monitors.
Further details on the extension of the pact, to be announced
at a press conference at 10:00 a.m. (1400 GMT) in New York
Monday, were not immediately available.
In March, the deal between IBM, the world's largest computer
maker, with Dell, the fastest-growing company in the business,
was touted as the largest supply deal ever seen in the industry.
At the time, officials of the two companies said the pact was
only the "beginning" of a close partnership that could lead to
further supply arrangements.
(( -- New York Newsdesk, + 212.859.1700))
REUTERS
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