say computers
Satyam Computer Services Ltd. News and Filings Sector News | Topic News Sector News
Basic MaterialsMutual FundsWed, Apr 04, 2007 Wed, Mar 28, 2007
8:33 AM Satyam Signs Multi-Year Deal With Applied Materials - PR Newswire
Thu, Feb 15, 2007
8:00 PM IR Global Rankings Announces Winners in the Asia/Pacific Region for Its 2007 Edition - PR Newswire
Mon, Feb 12, 2007
11:00 AM Ingres and Satyam Announce Strategic Global Alliance - PR Newswire
Fri, Jan 26, 2007
FILING Report of foreign issuer rules 13a-16 and 15d-16 of the Securities Exchange Act - Form 6-K
Fri, Jan 19, 2007
5:42 AM Satyam Posts 31% YoY Revenue Growth - PR Newswire
Fri, Jan 12, 2007
FILING Securities offered to employees pursuant to employee benefit plans - Form S-8
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From India, software services company Satyam (SAY) was adding 2.5% to $25.17 as market participants speculated that U.S. giant IBM (IBM) is looking into buying a stake in company.
SAY what? A takeover target? 2007-03-20 09:10:13
Submitted by: admin
Satyam (SAY $21.92) takeover rumors began circulating only recently. IBM has been rumored as the acquirer of SAY.
India and IT
Satyam is an Indian based IT company that offers a variety of services from application development and maintenance to infrastructure management. India is a growing market and will add millions of internet and IT users within the next few years. The opportunity for tech companies in India is immense.
Last year The Times of India claimed that
Google's chief executive Eric Schmidt has predicted that India and not China will become the worlds biggest Internet market in "about five or ten years from now, based on current trends."
And what's more, Schmidt's other futurist view is that Hindi, not Hispanic, could become one of the world's three Internet languages, in conjunction with English and Chinese.
Internet and IT are certainly related, and the bigger the internet industry gets, the more support and development will be needed on the IT side. The potential for growth with such companies is impressive. To read more on the untapped internet market in India, see our article on REDF and SIFY Takeover Rumors.
SAY As a Target
With a market cap of $7.13B and assets of only $1.5B, a Leveraged Buyout would be less than probable. However, it could still be a possibility, as rumors have circulated that SAY has added contracts worth up to $2B in revenues for the next year (see recent news from myiris on SAY). The free cash flow of the company has not been spectacular in the past. With the possible added $2B in revenues, however, the FCF could be substantially higher and could make SAY an attractive Indian company with lots of potential for growth.
IBM As an Acquirer
In the recent takeover rumors, IBM has been mentioned as the possible acquirer. With a market cap of $142B and with $45B in the bank, an acquisition of a company, say the size of SAY, wouldn't be extremely difficult.
IBM itself provides business consulting and IT services similar to what SAY does (See the Indian IBM site). IBM has been present in India since 1992. IBM's site states explicitly “India is an important market for IBM and the company has been making significant investments from time to time.” (
http://www.ibm.com/ibm/in/) and then later states “IBM shares the belief that India can unleash its true potential only through making IT available to and usable for large numbers of people.” Are these statements perhaps a foreshadowing of such an acquisition?
An acquisition of SAY by IBM would increase IBM's current IT market share in India substantially. Getting into the growing markets at key times is extremely important for IT companies. While it is true that the market for SAY's products and services is global, they have a keen understanding of the Indian marketplace, and will be ever more able to capitalize on it as the market is forthcoming.
Satyam (SAY $21.92) takeover rumors began circulating only recently. IBM has been rumored as the acquirer of SAY.
India and IT
Satyam is an Indian based IT company that offers a variety of services from application development and maintenance to infrastructure management. India is a growing market and will add millions of internet and IT users within the next few years. The opportunity for tech companies in India is immense.
Last year The Times of India claimed that
Google's chief executive Eric Schmidt has predicted that India and not China will become the worlds biggest Internet market in "about five or ten years from now, based on current trends."
And what's more, Schmidt's other futurist view is that Hindi, not Hispanic, could become one of the world's three Internet languages, in conjunction with English and Chinese.
Internet and IT are certainly related, and the bigger the internet industry gets, the more support and development will be needed on the IT side. The potential for growth with such companies is impressive. To read more on the untapped internet market in India, see our article on REDF and SIFY Takeover Rumors.
SAY As a Target
With a market cap of $7.13B and assets of only $1.5B, a Leveraged Buyout would be less than probable. However, it could still be a possibility, as rumors have circulated that SAY has added contracts worth up to $2B in revenues for the next year (see recent news from myiris on SAY). The free cash flow of the company has not been spectacular in the past. With the possible added $2B in revenues, however, the FCF could be substantially higher and could make SAY an attractive Indian company with lots of potential for growth.
IBM As an Acquirer
In the recent takeover rumors, IBM has been mentioned as the possible acquirer. With a market cap of $142B and with $45B in the bank, an acquisition of a company, say the size of SAY, wouldn't be extremely difficult.
IBM itself provides business consulting and IT services similar to what SAY does (See the Indian IBM site). IBM has been present in India since 1992. IBM's site states explicitly “India is an important market for IBM and the company has been making significant investments from time to time.” (
http://www.ibm.com/ibm/in/) and then later states “IBM shares the belief that India can unleash its true potential only through making IT available to and usable for large numbers of people.” Are these statements perhaps a foreshadowing of such an acquisition?
An acquisition of SAY by IBM would increase IBM's current IT market share in India substantially. Getting into the growing markets at key times is extremely important for IT companies. While it is true that the market for SAY's products and services is global, they have a keen understanding of the Indian marketplace, and will be ever more able to capitalize on it as the market is forthcoming.
