IBM Eyes Stake in India's Satyam
A Financial Times article by Khozem Merchant, via Yahoo! News, reports that:
International Business Machines, the global technology company, has held talks to acquire a stake in Satyam Computer Services, India's fourth largest software services company.
An executive close to the Hyderabad-based IT company confirmed that discussions had been held with Ramalinga Raju, the chairman and founder, who directly or through associates controls about 14 per cent of Satyam.
posted by Fergie @ 1/16/2006 10:59:00 AM
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