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Infosys not averse to acquiring Satyam customers

Infosys would not poach on Satyam employees but said it's not averse to acquire customers of the scandal-hit competitor.

Written by Agencies | Bangalore | Published: January 13, 2009 5:10:46 pm

Software major Infosys Technologies Ltd would not poach on beleaguered Satyam Computers’s employees but said it’s not averse to acquire customers of the scandal-hit competitor.

Infosys made this position clear,a day after its Chairman and Chief Mentor N R Narayana Murthy reiterated that his company would not act on any CVs received from Satyam employees to ensure that nothing is done that would adversely impact the Hyderabad-based firm’s future.

At a press conference to announce the company’s third quarter results here today,Infosys CEO S Gopalakrishnan confirmed that some of Satyam’s customers have approached the Bangaluru-headquartered,NASDAQ-listed company.

Gopalakrishnan stressed that Infosys would not proactively go after (to acquire) Satyam’s customers but if the latter approached his company,it would be treated as any new business and Infosys would take the offer if its terms and conditions are agreeable for these clients. There are many customers for whom Infosys and Satyam are working together.

“…Some of the companies (Satyam’s customers) are our clients also,they have approached us”,he said.

Infosys sought to make a distinction between the company’s stand of not entertaining the CVs of Satyam employees,and not being averse to acquiring its clients.

“They (Satyam employees) are not client employees; they are Satyam employees,” Gopalakrishnan said.

Head — HRD and Education & Research,T V Mohandas Pai argued that it’s not right for the industry to poach professionals from companies in trouble.

Chief Financial Officer,V Balakrishnan,said regulators should take decisive,strong and quick action in regard to Satyam scam so that it acts as a deterrent.

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