Mahindra group's two technology ventures, Tech Mahindra and Mahindra Satyam, would be merged by the end of this year, a senior group official said here.
"Also, the Mahindra name would certainly be there in the combined entity, although there have been no decision so far on whether to retain the Satyam name also," Mahindra Satyam Chairman Vineet Nayyar told PTI here on the sidelines of the World Economic Forum Annual Meeting 2012.
"The integration would certainly happen pretty soon. The process would be initiated very soon and hopefully by the end of 2012, we may have one single company," said Nayyar, who is also the vice-chairman, MD and CEO of Tech Mahindra.
"Also, the Mahindra name would certainly be there in the combined entity, although there have been no decision so far on whether to retain the Satyam name also," Mahindra Satyam Chairman Vineet Nayyar told PTI here on the sidelines of the World Economic Forum Annual Meeting 2012.
"The integration would certainly happen pretty soon. The process would be initiated very soon and hopefully by the end of 2012, we may have one single company," said Nayyar, who is also the vice-chairman, MD and CEO of Tech Mahindra.
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