Lorenzo Zambrano, CEO and Chairman of Cemex, currently sits on the IBM Board of Directors.
By Luke Bujarski and Kirk Laughlin
NEARSHORE AMERICAS EXCLUSIVE: In likely the most dramatic outsourcing win in Latin America outsourcing history, global services giant IBM has reportedly secured a stunning seven-year IT and BPO contract from Mexico-based multionational Cemex, according to several sources close to the negotiations. The deal has not been announced publicly and Cemex officials declined to comment as did ISG, which is advising Cemex in the transaction. Neoris – a subsidiary of Cemex since its launch in 2000 – is considered to be the crown jewel in the complex deal, enabling IBM to assume ownership of one of the most coveted services providers in the Americas because of its industry leading …
