Satyam acquires Caterpillar(US) for $6 mn

New Delhi, Apr 21: Satyam Computer Services Ltd, the country's fourth largest software-services exporter, today said it had acquired US-based construction equipment maker Caterpillar Inc's market research and customer analytics operations for 60 million dollars in an all-cash deal. Satyam will also launch a business unit to provide MR &CA solutions and services globally to Caterpillar and to its other customers in various industries, a company statement said.

Caterpillar Inc is the world's leading manufacturer of construction and mining equipment, diesel and natural gas engines, and industrial gas turbines. To accommodate Caterpillar's MR &CA requirements, as well as those of other organisations, Satyam will launch innovation centers in India, Europe, North America, Latin America and Asia Pacific, the statement added.

UNI