December 10, 2009 (FinancialWire) — IBM (NYSE: IBM) and Grupo Gigante, a Mexican business group, have extended their business contract for five additional years through a series of outsourcing agreements.

Under the award, IBM will be responsible for fully managing and monitoring the information technology infrastructure for Grupo Gigante’s corporate headquarters and its subsidiaries, Gigante Grupo Inmobiliario, The Home Store and Tiendas Super Precio.

IBM’s outsourcing solution for Grupo Gigante includes infrastructure services components for equipment and server hosting, help desk activation, distributed computing services, on-site support services, data center security and disaster recovery planning.

Grupo Gigante S is a holding company that, through its subsidiaries, has operated for 47 years self-service companies, coffee stores and specialized stores.

Subsidiaries include Gigante Grupo Inmobiliario, a group of companies in the real estate operation and development business; Restaurantes Toks, S.A. de C.V., a chain of family coffee-stores and restaurants; The Home Store, specializing in home fashions, and the hard-discount network Tiendas Super Precio.

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