• JV with AT Kearney Procurement and UGS Corp for setting up Asian Sourcing Network, an initiative to enable manufacturers to electronically source machine parts from low-cost countries.

• Teams up with three Chinese firms to set up a software joint venture in China.

• Acquires leading BPO firm in Chile, Comicrom for $23 mn, which deals in Banking and Pensions business process outsourcing

• Acquires Sydney-based Financial Network Services (FNS), a leading Australian core banking solutions vendor for approximately $26 mn

• Acquired Tata Infotech, a sister concern that focused on systems integration

• Set up a JV, Diligenta, with UK-based Pearl Group

• Started a JV called C-Edge with State Bank of India

• Gets into a JV called WMNetServ, with Motorola for managed services for public and private network customers

• Aquires cMango Inc a US-based technology infrastructure consulting firm, in an all-cash $20 mn deal

• Acquires European System on Chip (SoC) design firm NewLogic, in a $56 mn all cash deal

• Acquires Finland-based Saraware, a telecom design and engineering services company, for $32 mn

• Buys Portugal company, Enabler, a retail integration and solutions company for Rs 240 crorer

• Acquires US-based mPower, a payment services company, for $28 mn

Announced that it will buy out Citigroup's stake in Progeon for Rs 518 crore

• JV with Microsoft China, to establish a Satyam-Microsoft Adaptive Solution Center to jointly develop an enterprise solutions market on the Microsoft platform, for the China market

• Acquires Citisoft, the business and systems consulting firm that has focused exclusively on investment management, for $23.2 mn

• Satyam's BPO arm, Nipuna Services, to set up shop in Hungary. This is Nipuna's third overseas BPO operation as it already has a sizeable presence in the US and the UK.

Rolta India

JV with Stone & Webster, an affiliate Shaw company, to provide high quality engineering and design services

NIIT Technologies

Acquired ROOM Solutions, a $25 mn, UK-based insurance solutions company

Announced that it will set up a 100% subsidiary in Cyprus

Jabil Circuit

In January acquired Celetronix, India-based manufacturer of electronic products to get a stronger foothold in the Indian EMS market

Joint venture with Euriware of France for setting up a software development center, in Mumbai

Acquired the PeopleSoft development centers operated by Covansys and Hexaware Technologies in Hyderabad

Sold off majority stake to Oracle for $909 mn in order to enrich its portfolio of programs that help banks manage loans, accounts, and credit risk

Acquired US-based ZAiQ Technologies, a design and verification company, specializing in ASIC, Field-Programmable Gate Arrays, and System-on-a-Chip (SoC) technologies

JV with Sun Microsystems, Net iTech Asia Pacific Pte to offer low-cost computing solutions for SMEs