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Hyderabad, Andhra Pradesh, India, 04/14/2008 – Satyam Computer Services, Ltd. (NYSE:SAY), a leading global consulting and information technology services company, today announced that it will set up a new campus at the Geelong Technology Precint, Victoria. The new 25-acre campus will accommodate 2,000 employees over the next few years, producing a positive economic impact on the city of Geelong and surrounding areas, whilst highlighting Satyam’s commitment to Australia and nurturing the local ICT talent in Victoria and throughout Australia.
The Satyam Campus will house a software development centre and facilities for training, research and development etc.
B. Rama Raju, Satyam’s co-founder and managing director, officially opened the new facility at a ceremony, with Premier John Brumby.
“Satyam is well established in Australia and today’s announcement reinforces our ongoing commitment to the local ICT market,” Rama Raju said. “The Geelong campus is an important component of our long-term initiative to build new centres of excellence, in strategic locations, around the globe. The creation of this new technology and learning campus is central to the company’s philosophy that people need an atmosphere that nurtures their diversity, intelligence and curiosity. Geelong was selected as the location for its highly skilled ICT talent, excellent infrastructure and transport links to Melbourne. The support of the Victorian Government, the Geelong City Council and the collaboration activities with Deakin University directly influenced our decision”
Officially announcing the project at Deakin University’s Geelong campus this morning, Premier Brumby said the company’s decision to locate its new development centre in Geelong was a boost for the Victorian economy.
"Economic modelling estimates that the Satyam Technology and Learning Centre will significantly boost Victoria's economy". Premier John Brumby said.
As part of this initiative, Satyam will engage in a range of collaborative activities with Deakin including staff exchange, a work integrated learning program for students, a graduate employment program, joint research activities apart from scholarships and prizes.
Today, Satyam Australia has significant presence across the major cities of Sydney, Melbourne, Brisbane and Canberra with a diverse workforce of over 1400 associates serving Australia. Satyam has laid major emphasis on local employment generation and today over 42% of associates in Australia are local nationals.
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