Satyam Broadens GE Pact In Alliance (SAY, GE)

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Satyam Computer Services Ltd. (NYSE: SAY) has partnered with General Electric Co. (NYSE: GE) unit GE Healthcare to support customers deploying healthcare IT solutions based on GE Centricity Enterprise software.

The companies will jointly plan, design, and implement infrastructures for global healthcare providers of all sizes, from small clinics to large hospitals, and they will perform
application integration and tailor solutions for providers.

Satyam will be the first global systems integrator to start enrolling consultants in new GE Healthcare certification exam programs for Centricity Enterprise Software in the fourth quarter of 2008. 

Satyam is one of the largest India-based outsource operations for global consulting and information technology services.  Normally, single contracts and ventures are one-off items for companies the size of Satyam.  But scoring GE Healthcare when it wants to expand its reach is likely a larger deal than most.  The companies have already worked with each other in the Middle East and India.

As far as wondering the size of Satyam now, it lists 51,127 people as its professionals.  On a weak day like today, Satyam shares are still down over 1.8% at $25.86; its 52-week trading range is $20.02 to $30.89.

Unfortunately, it doesn’t look financial terms of this alliance were not disclosed.

Jon C. Ogg
May 20, 2008