Xerox signs $1 billion IT services deal with TCS and HCLTech

The development comes months after both TCS and HCLTech announced expansion of their deals with the Connecticut-headquartered company. Its new deal with HCLTech is worth $590 million for five years, while that with TCS is for $490 million over seven years, Xerox said in its filing with the US Securities and Exchange Commission this week.
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