Satyam -State Farm Insurance deal to end on Feb 14: Media report

Beleaguered Satyam Computer’s 15-year association with US based insurance major State Farm Insurance will come to an end on February 14, 2009, reports stated.

Sources close to the development quoted that the teams in the IT major are in the process of finalizing the relevant transition documents containing source codes and information on various operations implemented within the contract period.

The whole process is expected to be completed within next two weeks.

Satyam officials however failed to respond to queries raised to know whether the company was taking any efforts to renew the contract.