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Satyam changes brand name to Mahindra Satyam

22 Jun 2009 12:00 AM | Anonymous

Satyam Computer Services Limited, the global consulting and information technology services provider, has unveiled its new brand identity, Mahindra Satyam. This comes after Tech Mahindra acquired a 31 percent stake in Satyam.

Speaking on the rebranding initiative, Mr. Anand Mahindra, Vice Chairman & Managing Director of Mahindra Group, commented, "Customer centricity, high standards of corporate governance, and unimpeachable ethics form the cornerstones of the Mahindra Group. This rebranding exercise symbolises an amalgamation of the Mahindra Group's values with Satyam's renowned expertise.”

Vineet Nayyar, Executive Vice Chairman of the Satyam Board, added, "This is a significant milestone towards the recovery of the company. We are optimistic that this new brand will re-energise the organisation and will be well received by all our stakeholders”.

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