Microsoft signs XL Capital as 2nd managed services customer

CRN.com | at | by Mike

Microsoft has named XL Capital as its second paying managed services customer. The Redmond, Wash. software giant's deal with the multi-billion dollar insurance, reinsurance and financial services giant was signed this week, Microsoft said. Financial terms of the deal were not disclosed. XL Capital has almost $60 billion in assets.

As part of the deal, Microsoft will offer hosted desktop and collaboration services for XL Capital and will manage 4,000 of XL Capital's desktops, said Tom Ryan, a spokesman for Microsoft's Managed Solutions.