What did Tech Mahindra, the new owner of Satyam Computer Services, rename the company?
Tech Mahindra, the new owner of Satyam Computer Services, rename the company name as Mahindra Satyam Sources: http://economictimes.indiatimes.com/Infotech/Tech-Mahindra-rename-Satyam-Computers-as-Mahindra-Satyam/articleshow/4684184.cms
Mahindra Satyam (formerly know as Satyam Computer Services Ltd.) is a consulting and information technology services company based in Hyderabad, India.Satyam Computer Services Ltd was founded in 1987 by B.Ramalinga Raju[2]. The company offers information technology (IT) services spanning various sectors, and is listed on the New York Stock Exchange and Euronext. Satyam’s network covers 67 countries across six continents. The company employs 40,000[1] IT professionals across development centers in India, the United States, the United Kingdom, the United Arab Emirates, Canada, Hungary, Singapore, Malaysia, China, Japan, Egypt and Australia. It serves over 654 global companies, 185 of which are Fortune 500 corporations. Satyam has strategic technology and marketing alliances with over 50 companies. Apart from Hyderabad, it has development centers in India at Bangalore, Chennai, Pune, Mumbai, Nagpur, Delhi, Kolkata, Bhubaneswar, and Visakhapatnam. Satyam was plunged into a crisis in Januar
Tech Mahindra, the new owner of Satyam Computer Services, has re-christened the scandal-hit firm ‘Mahindra Satyam’, giving it a new brand identity. The re-branding exercise reflects an amalgamation of the Mahindra Group’s values with Satyam’s expertise, retaining a part of Satyam’s identity that signifies commitment, purpose and proficiency of the organisation and its people, according to Anand Mahindra, vice-chairman & managing director, Mahindra Group. Sources: http://online.wsj.com/article/SB124563898961036223.html?
