Indian outsourcing companies running to acquire companies abroad to compensate shaky revenue streams – Satyam unveils $38.7m UK purchase
Babu Ghanta
Apr. 24, 2005

Indian outsourcing companies running to acquire companies abroad to compensate shaky revenue streams – Satyam unveils $38.7m UK purchase Babu Ghanta Indian outsourcing companies are running for cover to acquire companies abroad to compensate for falling and shaky revenues.

Satyam Computer Services of India unveiled its first-ever acquisition yesterday, the $38.7m all-cash purchase of Citisoft, a privately owned UK-based consulting firm focused on the investment management sector.

This also helps them to enter vertical segment of the markets like financial services, pharmaceuticals and others.

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