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Lufthansa Close To Deal With Ibm For It Infrastructure Unit

Ron Burgundy

By Ron Burgundy,
in Tech News

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Ron Burgundy Omniscient Member

Ron Burgundy

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Barrier tape of German airline Lufthansa is seen at Munich airportBERLIN/FRANKFURT (Reuters) - German airline Lufthansa is close to a deal to sell its IT infrastructure unit to IBM , including an outsourcing agreement for the services, as part of a shake-up of its technology activities, it said on Wednesday. Europe's largest airline by revenue is undergoing restructuring and cost-cutting efforts to better position itself to compete with low-cost carriers and Gulf rivals. ...




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