IT services and consultants Mahindra Satyam today announced the 100% acquisition of BPO firm vCustomer’s International operations for USD 27Mn. This is the first 100% acquisition by Mahindra Satyam since it became part of Mahindra Group.

Mr. C P Gurnani, CEO - Mahindra Satyam, commented: “This is a landmark moment in Mahindra Satyam's resurgence and reflects our investment appetite to enhance domain depth and global scale, across diverse verticals. The focus and operations of vCustomer maps perfectly with our global operating model - allowing for seamless integration and smooth transition of processes and associates.”

The acquisition will allow Mahindra Satyam’s BPO operations to move into other verticals such as Retail and Consumer Technology.