Royal Philips Electronics have awarded Indian outsourcing firm Infosys with a five year extension on its existing outsourced services contract.

The extension is to an existing seven year outsourcing arrangement undertaken in 2007 and valued at $250 million.

Infosys will continue to provide BPO services including accounting and finance services until 2019, with Infosys taking over three BPO centres from Philips.

The deal comes as the Indian outsourcing giant seeks to expand into Western European markets.

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