Satyam Computer joins hands with Tyfone

Submitted by Sarika Valecha on Sun, 07/06/2008 - 04:20

Satyam Computer Services, a leading IT conglomerate, has announced its alliance with Tyfone, to offer enterprises with enhanced mobile financial services.

Oregon-based Tyfone is a developer of mobile financial services hardware, infrastructure and fully-integrated mobile payment capabilities.

The alliance combines Satyam’s deep domain expertise and system integration experience with Tyfone’s complete mobile financial services infrastructure for better mobile financial services.

While lecturing on the tie up, Mr. B. Rama Raju, CEO and Co-Founder of Satyam stated, “We chose to partner with Tyfone because their platform is issuer-centric, enabling issuer-branded mobile financial services to have complete lifecycle control over the mobile financial services offering.”

However, the company did not divulge the financial details of the alliance.

Satyam Computer Services is a global consulting and IT services company, which offers an array of solutions for a range of key verticals and horizontals. The company`s range of services include software development services, engineering services, systems integration, ERP solutions, customer relationship management, supply chain management, product development, electronic commerce, consulting and IT outsourcing.

Shares of Satyam Computer Services settled at Rs 467, low 2.89 per cent on National Stock Exchange.


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