Xerox snaps up major global service contracts


Xerox has boosted its coffers by sealing major service contracts with HSBC bank and aerospace company Boeing.

The HSBC contracts are for the bank’s operations in the UK and Brazil and are worth a total of $23 million. The sole source five-year contract with Boeing is worth "tens of millions" and was picked up by Xerox after going through a highly competitive bidding process.

Xerox’s consulting services and facilities management unit is a $3 billion business.

Bourne End (UK)