Tech Mahindra Limited and Mahindra Satyam have announced the completion of their joint merger, four years after Tech Mahindra acquired Satyam in 2009.

The purchase of Satyam came after a high profile account corruption scandal which resulted in significant reputational damage.

The completion of the merger will result in the creation of the fifth largest Indian IT outsourcing company and will see the sharing of back office infrastructure including HR services, marketing and overall financial processes.

The creation of Tech Mahindra according to a released statement, has created a company with revenues of USD 2.7 Billion, a team of 84,000 professionals servicing 540 customers across 46 countries.

Tech Mahindra and Mahindra Satyam and CA Technologies enter into Global Partnership

Merger of Tech Mahindra and Mahindra Satyam announced