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Syntel, Inc.

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Syntel Private Limited
Company typePrivate
IndustryIT services, IT consulting
Founded1980; 44 years ago (1980), in Troy, Michigan, US
Founder
Defunct2022 (2022)
FateAcquired
SuccessorAtos
Headquarters
Key people
Services
RevenueIncrease US$881 million (2021)[1]
Increase US$243 million (2021)[1]
Total assetsIncrease US$1.1 billion (2021)[1]
ParentAtos
Websitewww.atos.net

Syntel Private Limited, was a multinational provider of integrated technology and business services. The company was led by Rakesh Khanna.[2] Atos Syntel was created by the acquisition of Syntel Private Limited by Atos S.E.,[3] which was announced on July 22, 2018, and completed on October 9, 2018.[4] The subsidiary was later dissolved into Atos itself.

Business

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Syntel Private Limited 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

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  1. ^ a b c d "Syntel". Forbes.
  2. ^ "Syntel Names Rakesh Khanna CEO and President". Archived from the original on 2017-08-11. Retrieved 2017-07-18.
  3. ^ "Syntel enters definitive agreement to be acquired by Atos S.E." Archived from the original on 2018-07-24. Retrieved 2018-07-24.
  4. ^ "Atos completes acquisition of Syntel - Times of India". The Times of India. 10 October 2018.