GE extends IT deal with Mahindra Satyam

Mahindra Satyam today said it has received an extension of its multi-million dollar contract with GE for next three years effective January 1, 2010.

GE, which is among the top five customers of Mahindra Satyam for over a decade now, gets support in the specialised areas of application development maintenance, business intelligence and engineering services, Satyam Mahindra said in a statement.

"We thank the leadership at GE, for having reposed their confidence in us, and reinforce our resolve to excel in our deliverables to our esteemed partner, for years to come," Mahindra Satyam Global Account Executive Arvind Malhotra said.

GE has signed a similar contract with 11 other vendors.

"GE recognizes the support extended over the years by Mahindra Satyam, and their commitment to delivery excellence, even during trying times," GE GDC Leader Steve Morrison said.

The erstwhile Satyam Computer Service had entered a crisis earlier this year after the company's founder B Ramalinga Raju said the company had inflated profits for several years. A government-appointed board steered the company and was later bought out by Tech Mahindra.

Satyam management had been in constant dialogue with its major clients, including GE and others to continue working with it.