11 Mar 2009 | The Australian Financial Review
Doubts are emerging over the feasibility of the proposed sale of disgraced Indian technology giant Satyam Computer Services after it invited bids from companies interested in taking a majority stake.
The director of independent consultancy Mindfields, Mohit Sharma, claimed the acquisition process had been set up to fail, as bidders would have access Satyam’s restated accounts for the last three years once they had been shortlisted as potential buyers. A lack of clarity around the enormous liabilities tied to the company as a result of US class action suits and problems in assessing the true worth of Satyam made a sale highly unlikely, he said.
Critical infrastructure gets shipped in.
Wants new liaison group and more tech trials.
Increased demand for Watson and Bluemix.