Canadian Pacific Inks Pacts With IBM, Infosys Technologies To Manage Railway's I.T. Application Development And Support - Quick Facts

Canadian Pacific (CP, CP.TO) on Thursday said it entered into agreements with IBM (IBM | charts | news |

PowerRating) and Infosys Technologies Ltd. (INFY | charts | news | PowerRating) to manage the railway's I.T. application development and support. The company said that the multi-year agreements would focus on the application development associated with management and maintenance of CP's operations.

The company added that the agreements represent a significant corporate outsourcing initiative which will provide considerable capability and quality enhancement.

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