Article: Franklin Templeton Investments and IBM Sign 10-Year Technology Services Agreement.

Business Editors

SAN MATEO, Calif. & SOMERS, N.Y.--(BUSINESS WIRE)--Feb. 28, 2001

Franklin Resources, Inc. (Franklin Templeton Investments) (NYSE:BEN) and IBM today announced a 10-year technology services agreement whereby IBM Global Services will provide information technology services to Franklin Templeton Technologies, the information processing division of Franklin Templeton Investments.

IBM will assume the management of Franklin Templeton's data center and distributed server operations. IBM will automate current operations by implementing new enterprise systems management architecture, and will continue to modify and update these systems ...

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