HCL bags 5-year services contract from Microsoft

HCL Technologies is learnt to have bagged a five-year IT services contract from software giant Microsoft worth close to $170 million.

HCL has become a strategic vendor for providing technology services to the Redmond-headquartered firm for its online services business, according to a person familiar with the negotiations. This is the third major contract bagged by HCL in the last few weeks.

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