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Mahindra Satyam (formerly Satyam Computer Services Limited) was an Indian information technology (IT) services company based in Hyderabad, India, offering software development, system maintenance, packaged software integration and engineering design services.
Tech Mahindra is a leading IT services company that offers solutions in digital transformation, cloud, AI, blockchain, cyber security and more. Learn how Tech Mahindra is driving innovation and sustainability with its vision, values and leadership.
Folding Satyam into Tech Mahindra. The former Satyam business is now part of Tech Mahindra, after the Indian network services specialist acquired Satyam and its IT services expertise.
Tech Mahindra is an IT services and solutions company with 87,300+ professionals and 605 global customers. It is part of the Mahindra Group and offers consulting, enterprise and telecom solutions across 49 countries.
After the Satyam scandal of 2008–09, Tech Mahindra bid for Satyam Computer Services, and emerged as a top bidder with an offer of INR 58.90 a share for a 31 percent stake in the company, beating a strong rival, Larsen & Toubro.
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Apr 12, 2019 · C.P. Gurnani recounts how Tech Mahindra won the bid for Satyam in 2009 and transformed it from a crisis to an opportunity. He shares the challenges, strategies and achievements of the merger that made Tech Mahindra a global IT company.
Apr 23, 2009 · Tech Mahindra acquired a 31% stake in Satyam Computer Services, a scandal-hit IT firm, in 2009. Wharton professor Saikat Chaudhuri discusses the implications of the deal for India's IT sector, the government's role, and the buyer's strategy.
