Mahindra Satyam Acquires International Operations Of vCustomer
Mahindra Satyam has acquired international operations of Delhi based vCustomers International Services Private Limited for $27Mn.
According to TOI, the acquisition marks the entry of Mahindra Satyam's BPO operations into other verticals such as Retail and Consumer Technology in addition to enhancing its technical support business.
Founded in 1991 by Sanjay Kumar, vCustomer Corporation, headquartered in Kirkland, Washington, provides Customer Support and Business Process Outsourcing services with operations in the US, UK, Philippines and India.
It provides solution in Retail and Consumer Technology sectors.
Recently, Mahindra Satyam acquired minority stake in Dion Global Solutions Limited for R35Cr by way of fresh equity infudion.
Mahindra Satyam formerly Satyam Computer Services, is an Indian IT services company based in Hyderabad founded by B Ramalinga Raju in 1987.
Tech Mahindra Ltd, the software unit of Indian manufacturing conglomerate Mahindra & Mahindra Ltd., took control of Satyam in April 2009 after winning a government-led auction.
Mahindra Satyam has development and delivery centers in the US, Canada, Brazil, the UK, Hungary, Egypt, UAE, India, China, Malaysia, Singapore, and Australia. It serve numerous clients, including many Fortune 500 organizations.
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|2012-03-09||vCustomers Corporation - International Operations - Mahindra Satyam||M&A||
Satyam Computer Services Limited
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|04/09/2012||M&A||Tech Mahindra Limited||Hutchison Global Services Private Limited (Formerly Hutchison 3 Global Services Private Limited)||87.10||Completed|
|Satyam Computer Services Limited||B Ramalinga Raju||Mahindra Satyam Infocity, Unit 12, Plot No. 35/36, Hi-tech City layout, Survey No. 64, Madhapur||http://www.mahindrasatyam.com|
|vCustomer International Services Private Limited||Sanjay Kumar||B-1/G-3, Mohan Cooperative Industrial Estate, Mathura Road||http://www.vcustomer.com|