Posted on December 30, 2008 at 4:02 PM
Filed under: Acquisitions | Corporate Strategy
Tagged: cognizant technology solutions , ibm corp. , satyam computer services ltd.

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An ill-advised acquisition attempt has hammered the shares of Indian IT outsourcer Satyam Computer Services Ltd., leading to the resignation of four directors -- and possibly sets up a contest to buy into the company that feels very 2006.

According to The Economic Times, both private equity firms and the likes of IBM Corp. and Cognizant Technology Solutions Corp. could be interested in buying the company in part or in whole.

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