Tech Mahindra and Mahindra Satyam yesterday announced that they have signed a Global Framework Agreement with CA Technologies, a global IT management and security software and solutions company.

The new partnership is aimed at building a business model where shared and managed services can be provided to new and existing customers through a joint and strategic approach, and has been in the pipeline since 2012.

“It is a moment of pride for me as two majors of the IT industry partner to offer superior service offerings for our joint customers. This relationship will provide a platform to co-invest in creating business solutions together to meet next generation needs of global CxOs. This arrangement is closely aligned with our strategy of building an ecosystem of like-minded partners”, said CP.Gurnani, CEO, Mahindra Satyam.

Tech Mahindra and Mahindra Satyam, together with CA Technologies, provide turnkey cloud computing services based on CA Technologies tools. This agreement further creates a growth engine that will make a viable business model to respond to the needs of the market at competitive prices.