Today the IT industry in India, the media, the general public, thousands of Satyam employees have seen a dramatic result where TechMahindra has emerged as the sole successful bidder in the race to takeover the tumbling giant "Satyam Computer Services". Tech Mahindra's bid was standing at 58 rupees per satyam share which was 10 rupees more than its nearest rival L&T infotech.
For now at least over 50,000 + satyam employees can hope for a bright future. With Satyam in its kitty Tech Mahindra can overnight has become one of the top 5 IT solutions provider from India. Which otherwise would have taken years. :)
It will only be the light of tomorrow that will tell us weather this take over has helped TechMahindra over take its competitors in the market.
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