Avago Technologies has awarded HP a $236 million services contract to provide global information technology services and operations management.

Under the terms of the 10-year agreement, Avago has selected HP for IT outsourcing that includes application, server, network, desktop and print management as well as IT help-desk services.

Avago Technologies is the largest privately held semiconductor company in the world, supplying a wide range of analog, mixed-signal and optoelectronic components and subsystems to thousands of manufacturers globally.

“By streamlining Avago’s IT, we are helping them cut costs, become more flexible and scalable, and ultimately gain competitive advantage,” said Marc Schwarz, senior vice president, Managed Services, HP. “Our relationship is an excellent example of how businesses can obtain substantial value by partnering with HP for all of their IT services needs.”

HP will predominantly support the new IT applications and infrastructure services from its global delivery centers in the Asia Pacific region, specifically India, Malaysia and Singapore, where a high percentage of Avago’s workforce and operations reside.

“With HP’s partnership, we designed a strategic outsourcing solution that will enable us to become agile and cost competitive,” said Eugene Lau, chief information officer, Avago Technologies.