| Satyam wins $200mn Applied Materials deal |
| BS Reporter / Mumbai March 28, 2007 |
| Satyam Computer Services, a leading global IT services company, today signed an estimated $200 million (around Rs 900 crore) five-year contract with California-based Applied Materials Inc, a global leader in microchips that serves the electronics industry. Satyam will provide application development, maintenance, and support (ADMS) besides business transformation core technology services to Applied Materials through a managed services delivery model. Satyam has provided ADMS and engineering services to Applied Materials for more than five years prior to this announcement. Last year, Satyam has signed a $71 million 7-year contract with Australian airline, Quantas, and a $30 million 10-year contract with the Punjab and Sind Bank. |
