Improve your contact center performance. See how you can make a difference.
Watch Now
Engage and build your ICT audience with CIOL online advertising.
Know more
KUALA LUMPUR, MALAYSIA: Motorola, a provider in mobile services and Satyam, an IT service provider, announced today that Satyam has acquired 128 employees of Motorola.
The acquisition would create synergies and boost their competitiveness in Malaysia and throughout Asia-Pacific region.
Motorola would divest from its software development center (SDC) in Cyberjaya. It would move to Satyam along with its 128 employees and unit assets, said a press release.
The SDC is part of Motorola's home and networks mobility business and focuses on network management system development.
"This strategic acquisition will integrate and strengthen Satyam's product engineering services to network equipment providers and operators in the areas of element management, mobile solutions, and access networks," said Nishith Mathur, head of Satyam's Technology Infrastructure business unit.
The release added that the deal should close all its customary and regulatory dealings by the end of December 31, 2008, it added.
Motorola would contract directly with Satyam for development services of its market-leading network management software.
"This partnership reinforces the promise of the Cyberjaya Multimedia Super Corridor – to attract new and dynamic research and development ecosystems," said Virender Aggarwal, head of Satyam's rest of the world region.
He added that Satyam is developing a 15-acre campus in the Super Corridor that would create both operational efficiencies for related development projects and career opportunities for their new employees and many other people in area.
Motorola employees who join Satyam would immediately have an access to Satyam's world-class training programs and they would gain exceptional career development opportunities, the release said.
"The Software Development Center provides significant efforts for both internal programs important to customer deliverables and for external Motorola's global customers. Our commitment to those programs remains strong," Sudhakar Ramakrishna, corporate vice president, software operations and WiMAX and LTE Engineering, home and networks mobility.
