Showing posts with label Caterpillar. Show all posts
Showing posts with label Caterpillar. Show all posts

Monday, April 21, 2008

Satyam Computer buys consultancy, Caterpillar arm

Satyam Computer Services Ltd has acquired Belgium-based S&V Management Consultants for $35.5 million (Rs142 crore) in an all-cash deal.The supply-chain management firm services clients in the manufacturing and pharmaceutical industries.

Satyam also acquired construction equipment maker Caterpillar Inc.’s market research and customer analytics operations for $60 million in an all-cash deal.Satyam will service Caterpillar’s new product development, customer survey execution and other areas.

Satyam earlier reported an 18.5% rise in quarterly profit on Monday to Rs4.67 billion ($117 million), lagging forecasts, as a slowdown in the United States crimped outsourcing deals.