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HP Signs $300M Contract

Hewlett-Packard Co. unit said Thursday it has signed a seven-year technology services contract with FCC, a public services company based in Spain.

PALO ALTO, Calif. (AP) -- A Hewlett-Packard Co. unit said Thursday it has signed a seven-year technology services contract with FCC, a public services company based in Spain.

The deal is valued at more than $300 million in revenue for HP, the company said.

Hewlett-Packard Servicios Espana SL will provide data center and workplace management services. FCC is short for Fomento De Construcciones Y Contratas SA.

Shares of HP added 4 cents to $46.36 in afternoon trading.

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