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INDIA BUSINESS WORLD - 16th FEBRUARY - TO - 28th FEBRUARY - 2009
AFTER COKE, GSK EXITS SATYAM
SATYAM'S prized possessions, both clients and employees, are slowly slipping away. Coca-Cola and GlaxoSmithKline (GSK) are the latest to exit the company. While Capgemini has already bagged the $100 million seven-year Coca-Cola project, it is learnt that Cognizant will get the $35 million GlaxoSmithKline contract. Coca-Cola and Satyam refused to comment on the development, but Capgemini confirmed that it has bagged the order. On the other hand, both Cognizant and GlaxoSmithKline said they do not comment on individual contracts.
A few key employees who were critical to the implementation of the Coca-Cola project have quit Satyam to join Capgemini, an official at one of the companies said.
"Coca-Cola Enterprises (CCE) has selected Capgemini for a seven-year arrangement to implement comprehensive finance and accounting (F&A) solutions in Coca-Cola Enterprises’ North American business unit to create an efficient process in a cost-effective environment," said a Capgemini spokesperson.
However, the spokesperson refused to confirm or deny if some Satyam employees had been hired.
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