Satyam Uses Mahindra Satyam Brand to Reflect New Owners - CIO.com - Business Technology Leadership
Tech Mahindra, an outsourcing company of India's Mahindra Group, has acquired a 31 percent stake in Satyam. Tech Mahindra made the acquisition through a wholly owned subsidiary called Venturbay Consultants.
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Tech Mahindra and Venturbay also made an open offer earlier this month to buy 20 percent more of the equity in Satyam from existing shareholders.
