Satyam signs multi-mn dollar contracts with FIFA

Written by Agencies | Mumbai, July 31: | Updated: Jul 31 2007, 20:19pm hrs
Major IT solutions provider Satyam Computer Services has signed two multi-million dollar contracts to support FIFA, the international governing body of football, and its major forthcoming events.

As per the contract, Satyam would develop a customized event management system and build extranet and intranet over the next 12 months.

"We are delighted to have been chosen to deliver such critical applications for FIFA, and are committed to ensuring the success of managing its event logistics and extranets / intranet platforms," said Satyam's head of European operations, senior vice-president, director Keshab Panda.

The company's partnership would also include full, uninterrupted support for both solutions until the final whistle of each game, the company said in a filing to the Bombay Stock Exchange.

Satyam would be working primarily from FIFA's Zurich headquarters and would provide in-country support for matches.

It would also have teams working from offshore locations to enable lower costs.

Shares of the company were trading at Rs 485.80, up 1.44 per cent on BSE in afternoon trade.