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Old Oct 22, 2014, 2:28 am
  #1657  
oliver2002
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LH Systems found a partner for their data center:

Lufthansa, IBM in talks over IT infrastructure unit sale • 4:15 AM
Yoel Minkoff, SA News Editor

Lufthansa (OTCQXLAKY) is close to selling its IT infrastructure unit to IBM (NYSE:IBM), including an outsourcing agreement for the services, as part of a restructuring to better position itself to compete with low-cost carriers and Gulf rivals.
The move will reduce Lufthansa's annual IT costs by around €70M a year, but will result in a €240M ($305.2M) charge this year.
Under the planned deal, Lufthansa will outsource all of its IT infrastructure services to IBM under a seven-year agreement. A final price for the sale is still being negotiated.
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