Friday 14 June 2013

Mahindra Satyam gains on entering into strategic alliance agreement with CollabNet

Mahindra satyam, a leading global consulting and IT service provider, has entered into a strategic alliance agreement with collabNet, the leader for enterprises cloud development , to jointly develop and deliver Enterprise cloud development, Agile and DevOps solutions in the cloud services space. Mahindra satyam and Tech mahindra will work together with CollabNet under this agreement.
 
collabNet's Teamforge ALM platform aligns with Mahindra satyam and Tech mahindra's vision to drive value for enterprise IT organisations via cloud based approaches. Both the companies will resell collabNet's Teamforge and Cloudforge products and services, as well as its Agile training services throughout Asia.

   Satyam is currently trading at Rs.112.60 up by 0.76% fro its previous closing Rs.111.75 on the BSE. 

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