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April 26th, 2007
Satyam enters into $200 mn deal with Applied Materials
Satyam Computer Services Ltd, India's fourth-ranked tech and back-office services company by revenues, has signed a five-year contract worth $200 million (Rs860 crore) with Applied Materials Inc,to manage the nanotechnology supplier's computer network.
Satyam has been offering application development, maintenance, and support and engineering services to Applied Materials for more than five years together with multiple vendors. In a statement, the Hyderabad-based company said it will now provide the services through a "managed services delivery model."
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