June 26, 2013
New Delhi, 26 June 2013: The successful merger of Satyam Computer Services to Tech Mahindra will create Tech Mahindra BPO, among other business units, to be headquartered in Noida.
Tech Mahindra announced the completion of its merger with Satyam Computer Services yesterday. The merger propped up the merged entity as the fifth largest Indian IT services provider, which would be called Tech Mahindra, dropping the Satyam name altogether.
The combined entity will have $2.7 billion in revenues and 84,000 employees, comprising three distinct business units: telecom, enterprise and BPO. It now has 11 locations in India and 15 overseas for BPO operations and software development.