Satyam to invest in Victoria's human capital

Satyam Computer Services has announced that it has signed a memorandum of understanding (MoU) with Victoria University (VU) that is set to boost opportunities for both Victorian ICT students & businesses.

B Rama Raju, Co-Founder and managing firector of Satyam, 2005 witnessed the signing of the alliance in Melbourne, Victoria, in the presence of the Victorian Minister for information and communication technology, Marsha Thomson.

B Rama Raju said, "The new alliance will enable up to ten VU students to undertake a software development internship with Satyam each year, with the Company also set to annually recruit up to 20 software engineers from the university to undergo a three months training course in India and China."

The alliance also paves the way for the parties to carry out joint research projects as well as creating the opportunity for VU to nominate the Company's executives to deliver guest lectures to ICT students on subjects that represent core competencies within the company.

"On successful completion of the training, the students will be allocated to projects either in Melbourne, or one of our other 46 locations around the world," Raju added.