Telelogic signs contract worth 14.7 euro with European firm
Bangalore-based Telelogic announced that it has signed a corporate five-year license, maintenance and service agreement worth 14.7 million euro.
By PTI |
BANGALORE: Bangalore-based Telelogic announced that it has signed a corporate five-year license, maintenance and service agreement worth 14.7 million euro (over 92 crore) with European Aeronautic Defence and Space Company (EADS).
Telegoic is a global provider of software solutions for enterprise lifecycle management (ELM) while EADS deals in aerospace, defence and related services.
This is the biggest contract ever signed in Telelogic's history, the company said in a statement. A large portion of the agreement relates to maintenance revenue, it said.
The new agreement was negotiated within the frame of the EADS corporate initiative PHENIX (Product Lifecycle Management Harmonisation for Enhanced Integration and Excellence). It includes and expands all pre-existing contracts between EADS Divisions and Telelogic, it said.
Telegoic is a global provider of software solutions for enterprise lifecycle management (ELM) while EADS deals in aerospace, defence and related services.
This is the biggest contract ever signed in Telelogic's history, the company said in a statement. A large portion of the agreement relates to maintenance revenue, it said.
The new agreement was negotiated within the frame of the EADS corporate initiative PHENIX (Product Lifecycle Management Harmonisation for Enhanced Integration and Excellence). It includes and expands all pre-existing contracts between EADS Divisions and Telelogic, it said.
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