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Satyam Acquires S&V Management Consultants |
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Written by News watch
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Tuesday, 06 May 2008 |
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Satyam Computer Services announced that it has agreed to acquire S&V Management Consultants, a Ghent, Belgium-based supply chain management (SCM) consulting firm. The $35.5 million, all-cash purchase significantly reinforces Satyam's supply chain strategy capabilities. As a part of this transaction, Satyam also acquires an innovative business decision support software called Equazion®, a sophisticated supply chain performance management suite that enables business decisions from a macro perspective.
Acquisitions work best when the absorbing organization gains leadership capabilities, customer relationships, higher value services, brand enhancement, and new competencies. S&V leaders also look forward to working with their new colleagues to create more complete solutions. S&V will operate as a fully owned subsidiary of Satyam for the near future, maintaining its name and brand. However, it will become a part of Satyam's Consulting and Enterprise Solutions team.
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