Cisco gives its ties with Satyam a second thought

Cisco will be re-evaluating its relationship with Hyderabad-based Satyam Computer Services. “At this time, we are re-evaluating our relationship with them,” said Wim Elfrink, Chief Globalisation Officer and EVP, Cisco Services, at the TCS press conference today.

Cisco and Satyam had entered into a joint venture in 2007 to focus on healthcare management solutions. As a part of this announcement, Cisco had also lined up an additional investment of $100 million, targeting innovation.