Homepage Satyam newsroom

Satyam Completes Bidding Process

Announcement posted by Satyam 14 Apr 2009

 

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.”

 

 

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,