Hyderabad, India - April 24, 2012: Tech Mahindra and Mahindra Satyam today announced that they have signed a Global Framework Agreement (GFA) with CA Technologies, a global IT management and security software and solutions company aimed at building a business model where shared and managed services can be provided to new and existing customers through a joint and strategic approach. Tech Mahindra and Mahindra Satyam have set up Mahindra CA Research centre at Pune. This centre will enable co-innovation and delivery of our joint offerings.
In this unique arrangement, Mahindra Satyam, Tech Mahindra and CA Technologies will offer application performance management, test automation, content aware security and MSP offerings. Through the agreement, they will develop innovative and differentiated joint offerings for Telco, Manufacturing, BFSI and Healthcare verticals.
"It is a moment of pride for me as two majors of the IT industry partner to offer superior service offerings for our joint customers. This relationship will provide a platform to co-invest in creating business solutions together to meet next generation needs of global CxOs. This arrangement is closely aligned with our strategy of building an ecosystem of like minded partners", said CP.Gurnani, CEO, Mahindra Satyam.
Mahindra Satyam, Tech Mahindra and CA Technologies have been working together since 2010 to explore joint opportunities and market expansion. This agreement will open up many opportunities for CA Technologies, Tech Mahindra and Mahindra Satyam to provide customers with innovative solutions that reflect the evolution of their business models.
"Innovation and meeting market needs through strong partnerships are at the core of CA Technologies growth strategy," said Bill McCracken, CEO, CA Technologies. "As we continue to grow in the global market, our partnership with Tech Mahindra and Mahindra Satyam enables us to address the ever changing needs within the IT landscape through a combined, broad solution and services portfolio."
Tech Mahindra and Mahindra Satyam, together with CA Technologies, are already providing turnkey cloud computing services based on CA Technologies tools. This agreement further creates a growth engine that will make a viable and successful business model to respond to the needs of the market at competitive prices.
About Mahindra Satyam
Mahindra Satyam is a leading global business and information technology services company that leverages deep industry and functional expertise, leading technology practices, and an advanced, global delivery model to help clients transform their highest-value business processes and improve their business performance. The company's professionals excel in enterprise solutions, supply chain management, client relationship management, business intelligence, business process quality, engineering and product lifecycle management, and infrastructure services, among other key capabilities.
Mahindra Satyam is part of the $14.4 billion Mahindra Group, a global federation of companies and one of the top 10 business houses based in India. The group focuses on enabling people to rise. Mahindra operates in the key industries that drive economic growth, enjoying a leadership position in tractors, utility vehicles, information technology, vacation ownership, rural and semi-urban financial services, etc. Mahindra has a significant and growing presence amongst others, in the automotive industry, agribusiness, aerospace, automotive components, consulting services, defence, energy, industrial equipment, logistics, real estate, retail, steel and two wheelers.
Mahindra Satyam development and delivery centers in the US, Canada, Brazil, the UK, Hungary, Egypt, UAE, India, China, Malaysia, Singapore, and Australia serve numerous clients, including many Fortune 500 organizations.
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About Tech Mahindra
Tech Mahindra is a leading provider of solutions and services to the telecommunications industry with a majority stake owned by Mahindra & Mahindra Limited, in partnership with British Telecommunications plc. Tech Mahindra serves telecom service providers, equipment manufacturers, software vendors and systems integrators worldwide and their proven delivery models, distinctive IT skills and decades of domain expertise enable clients to maximize returns on their IT investment.
Tech Mahindra registered revenue of USD 1,127 million in the year ended March 31, 2011 and is ably supported by 42,500 professionals who provide a unique blend of culture, domain expertise and in-depth technology skill-sets.
A SEI-CMMi Level 5 organization, Tech Mahindra's development centers are ISO 9001:2008 and BS7799 certified. Tech Mahindra has principal offices in the UK, United States, Germany, UAE, Egypt, Singapore, India, Thailand, Taiwan, Malaysia, Philippines, Canada and Australia. Tech Mahindra Ltd is part of the US $14.4 billion Mahindra Group, a global industrial federation of companies and one of the top 10 business houses based in India. The Group's interests span automotive products, aviation, components, farm equipment, financial services, hospitality, information technology, logistics, real estate and retail.
For more information please refer to the website: www.techmahindra.com
About CA Technologies
CA Technologies (NASDAQ: CA) is an IT management software and solutions company with expertise across all IT environments – from mainframe and distributed, to virtual and cloud. CA Technologies manages and secures IT environments and enables customers to deliver more flexible IT services. CA Technologies innovative products and services provide the insight and control essential for IT organizations to power business agility. The majority of the Global Fortune 500 relies on CA Technologies to manage evolving IT ecosystems. For additional information, visit CA Technologies at www.ca.com.
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