“This strategic acquisition will integrate and strengthen Satyam’s product engineering services to network equipment providers and operators in the areas of element management, mobile solutions and access networks,” quipped Nishith Mathur, head, technology infrastructure business unit, Satyam.
According to Sudhakar Ramakrishna, corporate vice president, software operations and WiMAX and LTE engineering, home and networks mobility, Motorola, “This is a unique effort that will continue to drive Motorola’s strategy in Malaysia, will strengthen our competitive position, and improve cost structure and operational efficiencies.”
When the deal is closed, it is subject to regulatory and other customary conditions, but should be completed by 31 December 2008. Motorola will contract directly with Satyam for development services of its network management software.
“This partnership reinforces the promise of the Cyberjaya Multimedia Super Corridor – to attract new and dynamic research and development ecosystems,” said Virender Aggarwal, head, rest of the world region, Satyam. “In fact, Satyam is developing a 15-acre campus in the Super Corridor, which will create both operational efficiencies for related development projects and career opportunities for our new employees and many other people in area.”
Motorola employees who join Satyam will immediately have access to Satyam’s training programmes, and they will gain career development opportunities. |
