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Mahindra Satyam Milestones
 
Milestones
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2009

  • Unveils the new brand identity, “Mahindra Satyam”
  • Tech Mahindra announces an open offer to buy an additional 20% in Satyam from existing sharholders
  • Tech Mahindra acquires a 31% stake (Preferential Shares) in Satyam
  • Venturbay Consultants Private Limited, a Tech Mahindra subsidiary, emerges as the highest bidder to acquire a controlling stake in Satyam



2007

  • Satyam becomes the Official IT Services Provider for the FIFA World Cups, 2010 (South Africa) and 2014 (Brazil)
  • Announces acquisition of UK-based Nitor Global Solutions Limited
  • Opens Global Development Center (GDC) in Malaysia
  • Opens Development Center in Vizag, India
  • Becomes the first Asian company to feature in the Training Magazine’s list of Top 125 companies for learning



2006

  • Sets up the first “Global Innovation Hub” in Singapore
  • Sets up operations in Guangzhou, China



2005

  • FLC framework launched across the entire organization
  • Largest global development center outside India (in Melbourne) begins operation
  • Citisoft and Knowledge Dynamics acquired



2002

  • Satyam BPO launched in Hyderabad
  • First Customer Summit conducted



2001

  • Satyam becomes world’s first ISO 9001:2000 company to be certified by BVQI
  • Listed on the NYSE (SAY)
  • APAC headquarters established in Singapore



2000

  • Associate count reaches 10,000
  • Satyam receives National HRD Award from Indian government



1999

  • Assessed at SEI CMM® Level 5
  • Satyam Infoway (Sify) becomes the first Indian Internet company listed on NASDAQ
  • Satyam forms joint venture with TRW Inc.
  • Presence established in 30 countries



1993

  • Satyam signs joint venture with Dun & Bradstreet for IT Services
  • Awarded ISO 9001 Certification
  • Satyam Technology Center (STC) inaugurated



1991

  • Offshore software project with John Deere & Co.—Satyam’s first Fortune 500 customer—announced
  • Recognized as a public limited company; debuts on the Bombay Stock Exchange (BSE)
  • IPO oversubscribed by 17 times



1987

  • Incorporated as private limited company