TNN

Bangalore, Jan 24: Software company iGate is interested in acquiring parts of troubled IT major Satyam Computer, whose board has been approached by domestic and foreign companies for a possible merger or sale.

"We are interested in some assets of Satyam," Phaneesh Murthy, CEO of iGate, told TOI. "We have already conveyed this to Kiran Karnik (one of the Satyam board members). The board has asked us to wait till internal decision processes at Satyam are over.''

When asked about the size of the proposed buy-out, he said, "We have no idea about the value of the asset that is available with Satyam right now. We will be interested in something that complements us.''

On funding the deal he said, "We are talking to a few large private equity players, so availability or size of funds is not an issue.''

Satyam director Tarun Das had earlier said that the company had been approached by Indian and international IT companies and that the board would decide on it.

Engineering major L&T is known to be interested in acquiring Satyam, while Tech Mahindra is said to be interested in the telecom business of Satyam.