Mahindra Satyam acquires Brazil's Complex IT

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

 

Mahindra Satyam has announced acquisition of a majority stake inComplex IT, one of the largest SAP consulting providers in Brazil.

This acquisition will focus on developing solutions for the rapidly-expanding Enterprise Solutions market within Brazil. Mahindra Satyam and Complex IT will be going to market with proprietary solutions for large manufacturing, financial and consumer services companies in the market. This initiative marks another important milestone in offering Mahindra Satyam’s customers a global delivery capability in Latin America.

“This combination of Complex IT and Mahindra Satyam strengthens our commitment to the Brazilian market, which is one of the fastest-growing Enterprise solutions markets. We look forward to expanding our market presence and offer global delivery capabilities to our customers,” said Arvind Malhotra, Global Head, Latin America & Strategic Accounts, Mahindra Satyam.

“The BRICS countries have the potential to achieve a leadership position in the global economy and we believe that Mahindra Satyam and Complex IT will contribute significantly to this strategic vision. The relationship with Mahindra Satyam will mean enhanced career opportunities for our team, and increased quality of services to our customers and partners,” said Antonio Rossi, Chairman & CEO, Complex IT......See More