BUSINESS

Cisco gives its ties with Satyam a second thought

By BS Reporter in Mumbai
February 11, 2009 10:29 IST

Cisco will be re-evaluating its relationship with Hyderabad-based Satyam Computer Services.

"At this time, we are re-evaluating our relationship with them," said Wim Elfrink, chief globalisation officer and EVP, Cisco Services, at the TCS press conference on Tuesday.

Cisco and Satyam had entered into a joint venture in 2007 to focus on healthcare management solutions. As a part of this announcement, Cisco had also lined up an additional investment of $100 million, targeting innovation.

BS Reporter in Mumbai
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