Mahindra Satyam (BSE: 500376, NYSE: SAY) (formerly known as Satyam Computer Services Ltd) was founded in 1987 by B Ramalinga Raju. The company offers consulting and information technology (IT) services spanning various sectors, and is listed on the New York Stock Exchange, the National Stock Exchange (India) and Bombay Stock Exchange (India). In June 2009, the company unveiled its new brand identity ???Mahindra Satyam??? subsequent to its takeover by the Mahindra Group???s IT arm, Tech Mahindra . It is a part of the USD 7.1 billion Mahindra Group, a global industrial conglomerate and one of the top 10 industrial firms based in India. The Group???s interests span financial services, automotive products, trade, retail and logistics, information technology and infrastructure development. The registered office is located at Infocity Unit-12, Plot No. 35/36. HITEC City Layout, Survey No. 64. Madhapur, Hyderabad - 500 081, Andhra Pradesh, India Mahindra Satyam (BSE: 500376, NYSE: SAY) (formerly known as Satyam Computer Services Ltd) was founded in 1987 by B Ramalinga Raju. The company offers consulting and information technology (IT) services spanning various sectors, and is listed on the New York Stock Exchange, the National Stock Exchange (India) and Bombay Stock Exchange (India). In June 2009, the company unveiled its new brand identity ???Mahindra Satyam??? subsequent to its takeover by the Mahindra Group???s IT arm, Tech Mahindra . It is a part of the USD 7.1 billion Mahindra Group, a global industrial conglomerate and one of the top 10 industrial firms based in India. The Group???s interests span financial services, automotive products, trade, retail and logistics, information technology and infrastructure development. The registered office is located at Infocity Unit-12, Plot No. 35/36. HITEC City Layout, Survey No. 64. Madhapur, Hyderabad - 500 081, Andhra Pradesh, India
Note : The announcement comes four years after the Mahindra Group company acquired Satyam, then hit by an accounting scandal by its promoter Ramalinga Raju. The merged entity will be called Tech Mahindra and Anand Mahindra will be its chairman.