Tech Mahindra/Mahindra Satyam

Tech Mahindra snaps up the rest of Mahindra Satyam

The merger, valued at about $1.2 billion, will make the combined entity the fifth largest IT services company in India.

<div style="text-align: left;"> Mahindra Satyam: Completing a remarkable turnaround </div>

Lara Wozniak

March 23, 2012

Tech Mahindra, which already owns 43% of Mahindra Satyam (formerly Satyam Computer Services), said this week that it will buy the remainder of the company to form India’s fifth-biggest software services company. The stock deal is valued at about $1.2 billion.

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