ConvaTec, the global medical device company, has signed a US$95 million IT outsourcing contract with EDS.

Under the contract, lasting five-years, EDS will manage ConvaTec’s IT infrastructure and communications network, enabling the company to focus its business growth in the wound therapeutics, critical care and ostomy care markets.

“Our relationship with EDS supports our strategic direction within information management of using external service providers to help speed service delivery and achieve economies of scale,” said William Compton, CIO at ConvaTec. “We look forward to building our relationship with EDS as it creates and provides the technology infrastructure for ConvaTec as a newly formed stand-alone company.”

Under the agreement, EDS will also manage ConvaTec’s information storage and server environments as well as the company’s voice and data communications network that connects its employees worldwide. EDS also will manage ConvaTec’s end-user computing environment, including desktop, service desk and on-site services.