Xerox Corp. (XRX) is considering outsourcing its global product engineering business to Indian software company HCL Technologies Ltd. (532281.BY), a spokesman for the U.S.-based maker of printers and copiers said Tuesday.
The move will “help us improve the efficiency and effectiveness of our global product engineering operation,” spokesman Bill McKee said in reply to an emailed query from Dow Jones Newswires.
“Our focus in this area of our business [global product engineering] is always about quality, cost and delivery–and taking the right steps so that we’re continuously improving in each area,” he added.
McKee said that Xerox stands to benefit from HCL’s scale in engineering. He, however, didn’t elaborate on when a deal is likely to be finalized or on any financial details.
Source:http://online.wsj.com/article/BT-CO-20110523-714627.html
