Satyam acquires Citisoft

NEWS ANALYSIS: ACQUISITION | SATYAM EXPANDS CLIENT BASE – CITISOFT KEEPS BRAND NAME

HYDERABAD – Satyam Computer Services, an international IT consulting service provider, has acquired investment management technology consultancy Citisoft in order to expand its buy-side client base.

The acquisition will cost Satyam $23.2 million over a three-year period, as well as a performance-based payment of up to $15.5 million. Citisoft will operate as a subsidiary within Satyam’s financial services group, and will retain its name.

According to Anil Kumar, senior vice-president at Satyam’

To continue reading...

You must be signed in to use this feature.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: