Satyam acquires Caterpillar(US) for $6 mn

Subscribe to Oneindia News

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

Please Wait while comments are loading...