PLANO, Texas (AP) ¿ Perot Systems Corp. said Thursday it had won a 5-year contract to migrate and host the PeopleSoft application at auto insurer Esurance, as well as provide service desk assistance.

Terms of the agreement were not disclosed.

Perot Systems currently manages over 3 million policies for more than 30 life insurance and annuity providers globally.

Perot shares rose 2 cents to close at $29.92 on Thursday.

Copyright 2009 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

More from Stocks

Southwest Airlines Jumps After Profit Beat

Southwest Airlines Jumps After Profit Beat

Tesla Falls into the Sweet Spot for Traders

Tesla Falls into the Sweet Spot for Traders

JetBlue Rises as Fourth-Quarter Results Beat Forecasts

JetBlue Rises as Fourth-Quarter Results Beat Forecasts

United Technologies Soon Could Retrace More of Its Decline

United Technologies Soon Could Retrace More of Its Decline

Canada Goose Gets Clipped by Wells Fargo Downgrade

Canada Goose Gets Clipped by Wells Fargo Downgrade