Monday, December 29, 2008

Infosys / Cognizant might takeover Satyam

Though many global IT services firms, including IBM, Accenture and Cap Gemini, are vying for Satyam Computer Services. It might finally endup in the Indian companies kitty.

Infosys and Coginzant have pulled up some of their Top Business managers to do a sort of due-dilligence for getting Satyam into their fold.

The fourth-biggest software exporter is facing a major shareholder rebellion on poor governance after it aborted bid to buy two firms linked to its promoter. Despite the recent developments, IT analysts reckon that the fourth-biggest software exporter is a good buy, as the India outsourcing story is intact.



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