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Satyam Signs A Multi-year Deal with Fujitsu Services - Satyam Computer Services Ltd, Satyam has signed an agreement with Fujitsu Services to provide IT services to Reuters as part of a 10-year, $1Billion internal information systems transformation programme [NYSE: SAY]
Satyam Signs A Multi-year Deal with Fujitsu Services

 

NewswireToday - /newswire/ - Hyderabad, Andhra Pradesh, India, 2007/10/23 - Satyam Computer Services Ltd, Satyam has signed an agreement with Fujitsu Services to provide IT services to Reuters as part of a 10-year, $1Billion internal information systems transformation programme [NYSE: SAY]. [NYSE: SAY]

   
 
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This deal will deepen Satyam’s relationship with Reuters as it will extend the range of services currently offered.

Under the 10-year contract, Satyam will be extending its support and development of a large number of core applications, as well as providing managed infrastructure services for desk side support, a global Network Operations Centre and Remote Infrastructure Management. The provision of support and services will be extended across 17,500 Reuters employees based in over 100 countries.

Satyam has been a premier service provider delivering key services to Reuters for over six years. Under the new contract Satyam will now provide some of its services to Reuters via Fujitsu, rather than directly. These services will be delivered from its current Reuters Offshore Delivery Centre in Hyderabad as well as from a new centre in Chennai.

Satyam was awarded the contract, by Fujitsu Services based on its commitment to innovation and its ability to provide increased efficiencies and additional economic value.

“Satyam are a key partner within our service integrator model with Reuters,” commented Steve Andre, Managing Director, Private Sector, Fujitsu Services. “Their expertise in application support and development, along with significant offshore capability and network operations skills, made them a compelling choice for our deal with Reuters.”

"This is one of the largest multi-year deals signed by Satyam. It is secured on the back of deep and long-term customer relations", commented Dr. Roger Newman, Head of Satyam's TIMES business verticals in Europe. "We believe that this will deliver substantial benefit to both Reuters and Fujitsu and serve as a model for similar deals in the future."

About Satyam

Satyam Computer Services Ltd (satyam.com) is a leading global consulting and IT services company, offering a wide array of solutions customized for a range of key verticals and horizontals. As a diverse end-to-end IT solutions provider, Satyam offers a range of expertise aimed at helping customers re-engineer and re-invent their businesses to compete successfully in an ever-changing marketplace.

Nearly 42,500* dedicated and highly skilled IT professionals, work in development centers in India, the USA, the UK, the UAE, Canada, Hungary, Singapore, Malaysia, China, Japan and Australia and serve over 570* global companies, including over 165* Fortune 500 corporations.

* Figures as per quarter ended June 30, 2007

 
 
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Written by / Agency / Source: Satyam Computer Services Ltd

 
 

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Satyam Signs A Multi-year Deal with Fujitsu Services

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Publisher Contact: Sreekar Reddy - Ogilvy.com for Satyam 
+91 98 66110032 sreekar.reddy[.]ogilvy.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Satyam Computer Services Ltd securities in any jurisdiction including any other companies listed or named in this release.

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