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Satyam acquires Motorola's Malaysia unit

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BS Reporter New Delhi

Satyam, Hyderabad IT services company has acquired the software development centre of Motorola in Malaysia for an undisclosed amount.

Motorola will divest from its software development centre in Cyberjaya, subsequently all 128 employees – along with the unit’s assets – will shift to Satyam.

The software development centre is a part of Motorola’s Home and Networks Mobility business and focuses on network management system development.

Commenting on the acquisition, Nishith Mathur , head of Satyam’s Technology Infrastructure business unit said, “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”

“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,” said Sudhakar Ramakrishna , Corporate Vice President, Software Operations and WiMAX and LTE Engineering, Home and Networks Mobility.

When the deal is expected to be completed by December 31, 2008. Motorola will contract directly with Satyam for development services of its market-leading network management software.

 

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First Published: Nov 10 2008 | 3:20 PM IST

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