Mahindra Satyam bags contract from Bridgestone Europe

MUMBAI:IT services firm Mahindra Satyam today said it has bagged a multi-year managed services contract with Bridgestone Europe.

The company will work on SAP-based mission critical applications for Bridgestone Europe, Mahindra Satyam said in a statement.

No financial details were disclosed. As a part of the deal, Mahindra Satyam will support Bridgestone in sales, planning procurement and finance functions, it said.

"Bridgestone's selection truly endorses the fact that our footprint in Europe continues to be strong as a market leader," Mahindra Satyam Head (Delivery - Europe) and Senior Vice President Sharat Kumar said.

Mahindra Satyam has been working with Bridgestone since 2005 in providing IT application development and support services.

At the end of FY2012-13, 23 per cent of Mahindra Satyam's total earnings came from Europe. The region is also a key market for the company in verticals like banking, aerospace and defence.