India's Satyam buys into business consulting
Alorie Gilbert (Staff Writer, C|NET News) writes that "Satyam Computer Services in Hyderabad, India, has acquired London-based business consulting company Citisoft, the companies said this week. Satyam, one of India's leading outsourcing companies, agreed to pay up to $38.7 million for the company, which includes $15.5 million in performance-based pay. Citisoft specializes in advising institutional and private wealth investment companies with operations in London, Boston and New York." There is an announcement of the acquisition at the Citisoft web site, as well.
posted by Fergie @ 4/22/2005 12:17:00 PM
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