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IBM wins $1-billion deal

IBM Corp. said it had won a 10-year, $1-billion business consultant services contract with building materials supplier Cemex SAB de CV.

IBM Corp. said it had won a 10-year, $1-billion business consultant services contract with building materials supplier Cemex SAB de CV. Mexico's Cemex expects the agreement will help it drive sustainable improvements in profitability, starting with efficiencies of close to $1 billion during the life of the contract. It is expected to help Cemex better serve customers and maintain cost efficiencies after the contract is complete.