wordpress blog stats
Connect with us

Hi, what are you looking for?

Satyam Buys Motorola’s Malaysian Software Development Center

Well, Motorola‘s been in a lot of trouble, and were earlier reported to be in talks with Videocon for selling their handsets business. It appears that the company has sold its sofware development center in Cyberjaya to Satyam. The Kuala Lumpur based center has 128 employees, and will strengthen Satyam’s capabilities to cater to Network Equipment Providers and telecom operators, according to Nishith Mathur, head of Satyam’s Technology Infrastructure business unit.

The center was part of Motorola’s $2.4 billion Home and Networks Mobility business, which produces digital entertainment devices for HD/DVR and IPTV. This sale is a part of a restructuring at Motorola, wherein the business is also being split into broadband home solutions, broadband access solutions and cellular networks.

The deal should be completed by December 31st, after which, Motorola will contract Satyam for development services for its network management software. The US based handset manufacturer had reported a 15 percent decline in sales for Q3, and net loss of $397 million (pdf).

You May Also Like


In line with growing calls for antitrust regulation in the US, Republican Senator Josh Hawley has introduced legislation calling for the ban of all...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Your email address:*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ