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UPM to Outsource to IT Services to HCL

Helsinki, Finland, 07 March 2012 -- UPM and HCL Technologies Limited (HCL) have signed a five year outsourcing frame agreement for information technology (IT) infrastructure services.  

As part of this agreement, HCL will provide data center, end user support, network services, and professional IT services to UPM. HCL also will set up a data center in Finland and strengthen its existing Espoo Delivery Center to provide the services.  

Approximately 250 UPM employees globally are within the scope of the planned outsourcing. Transferring UPM employees are expected to move to HCL upon closing, which is expected to take place at the end of August 2012, subject to signing of local transfer agreements and customary closing conditions.   

“The agreement enables UPM IT to offer unified and cost-effective IT infra services to UPM businesses,“ said Turkka Keskinen, chief information officer of UPM. “With this engagement we aim to increase scalability and flexibility as well as ensure access to world class competences and best practices,” he said. “In the future, UPM IT focuses on strategy and governance, business-IT development, application management, as well as demand and service management.”   

“HCL has proven experience in delivering complex, end-to-end outsourcing engagements to globally dispersed organizations. We are pleased that this expertise has today positioned us as UPM’s partner of choice for IT services. We stay committed to creating transformational value for UPM in this engagement and look forward to a long and mutually rewarding relationship,” said Anant Gupta, president, HCL Technologies ISD.  

“Through this engagement we will aim to optimize and transform UPM’s IT infrastructure to ensure enhanced and cost-efficient IT operations,” added Venu Gopal Lambu, associate vice president and head of Continental Europe, HCL Technologies ISD.

UPM is a bio and forest industries company whose products are made of renewable raw materials and are recyclable. UPM consists of three Business Groups: Energy and pulp, Paper, and Engineered materials. The Group employs around 24,000 people and it has production plants in 16 countries. UPM's annual sales exceed EUR 10 billion. UPM's shares are listed on the Helsinki stock exchange. UPM information is available at www.upm.com.

About HCL Technologies

HCL Technologies is a leading global IT services company, working with clients in the areas that affect and redefine the core of their businesses. Since its inception into the global landscape after its IPO in 1999, HCL focuses on "transformational outsourcing," underlined by innovation and value creation, and offers an integrated portfolio of services including software-led IT solutions, remote infrastructure management, engineering and R&D services, and business process outsourcing. HCL leverages its extensive global offshore infrastructure and network of offices in 26 countries to provide holistic, multiservice delivery in key industry verticals, including financial services, manufacturing, consumer services, public services, and healthcare. Additional information is available at www.hcltech.com.

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