Company:Atos Syntel
Type | Subsidiary |
---|---|
Industry | IT services, IT consulting |
Fate | Acquired |
Successor | Atos |
Founded | Troy, Michigan, US, 1980 |
Founder | Bharat Desai, Neerja Sethi |
Defunct | 2022 |
Headquarters | Troy, Michigan |
Key people | Rakesh Khanna (CEO) Anil Agrawal (CFO) Srinath Mallya (CIO) |
Services |
|
Revenue | US$881 million (2021)[1] |
US$243 million (2021)[1] | |
Total assets | US$1.1 billion (2021)[1] |
Parent | Atos |
Website | www |
Atos Syntel is a subsidiary[2] of Atos and a multinational provider of integrated technology and business services. The company is led by Rakesh Khanna.[3] Atos Syntel was created by the acquisition of Syntel, Inc. by Atos S.E.,[4] which was announced on July 22, 2018, and completed on October 9, 2018.
Business
Syntel, Inc. operates its business through four segments: Application Outsourcing, Knowledge Process Outsourcing, e-Business and TeamSourcing[buzzword]. The Application Outsourcing segment provides outsourcing services for ongoing management, development and maintenance of customer's business applications. The Knowledge Process Outsourcing segment provides outsourced solutions for a customer's business processes, providing them with the process enhancement through optimal use of technology. The e-Business segment provides development and implementation services for a number of emerging and rapidly growing technology applications, including web development, Data Warehousing, e-commerce, CRM, Oracle and SAP, as well as partnership agreements with software providers. The TeamSourcing segment provides professional information technology consulting services directly to customers on a staff augmentation basis and its services include systems specification, design, development, implementation and maintenance of complex information technology applications involving diverse computer hardware, software, data and networking technologies and practices.[1]
References
- ↑ 1.0 1.1 1.2 1.3 "Syntel". https://www.forbes.com/companies/syntel/.
- ↑ "Atos completes acquisition of Syntel - Times of India". https://timesofindia.indiatimes.com/business/international-business/atos-completes-acquisition-of-syntel/articleshow/66145382.cms#:~:text=Based%20on%20the%20terms%20of,wholly%20owned%20subsidiary%20of%20Atos.&text=Post%20the%20acquisition%2C%20Syntel%20shares,be%20delisted%20from%20the%20NASDAQ..
- ↑ "Syntel Names Rakesh Khanna CEO and President". https://investor.syntelinc.com/releasedetail.cfm?ReleaseID=1033480.
- ↑ "Syntel enters definitive agreement to be acquired by Atos S.E.". https://investor.syntelinc.com/news-releases/news-release-details/syntel-enters-definitive-agreement-be-acquired-atos-se.