Mahindra Satyam, the brand identity of Satyam Computer Services Ltd. (NYSE:SAY), a leading global consulting and IT services provider announced today the signing of an off-shoring deal with BASF IT Services. BASF IT Services, a BASF Group company and 100 percent subsidiary of the world’s leading chemical company BASF, is among the leading IT service providers for the process industry in Europe . The contract, awarded following a competitive bidding process, is to enhance BASF’s capacity to provide managed services for the company’s extensive installed base of SAP, messaging and groupware as well as user administration.
BASF IT Services conducted an extensive RFP process and selected Mahindra Satyam against strict evaluation criteria and following exhaustive due diligence. The contract, based on a 100% outcome oriented model, is for three year period with a two times one year extension option.
