Satyam Completes Bidding Process
Mumbai, 13 April 2009: 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.â€
About
Satyam
Satyam (NYSE: SAY), a
leading 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 www.satyam.com.
