Satyam Completes Bidding Process
April 13 2009 - 7:00AM
PR Newswire (US)
MUMBAI, India, April 13 /PRNewswire-FirstCall/ -- Satyam Computer
Services Ltd. (NYSE:SAY)(BSE:SATYAM)(NSE:SATYAMCOMP) (the
"Company"), announced earlier today that the bidding process has
been completed. Mr. Justice S.P. Bharucha, who has supervised the
entire process, today said that "The process of selection of a
strategic investor by way of a competitive price bid auction is now
complete. The process was overseen by me. It was fair, transparent
and open as required." About Satyam Satyam (NYSE:SAY), a global
business and information technology services company, delivers
consulting, systems integration, and outsourcing solutions to
clients in numerous industries across the globe. Satyam leverages
deep industry and functional expertise, leading technology
practices, and an advanced, global delivery model to help clients
transform their highest-value business processes and improve their
business performance. The company's professionals excel in
engineering and product development, supply chain management,
client relationship management, business process quality, business
intelligence, enterprise integration, and infrastructure
management, among other key capabilities. Satyam development and
delivery centers in the US, Canada, Brazil, the UK, Hungary, Egypt,
UAE, India, China, Malaysia, Singapore, and Australia serve
numerous clients, including many Fortune 500 organizations. For
more information, see http://www.satyam.com/. DATASOURCE: Satyam
Computer Services Ltd. CONTACT: Web Site: http://www.satyam.com/
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