Systems Acquires Interest in Mphasis
Dr. Bill Belew
Issue I - June 11, 2006
Introduction by Mr. Stolyarov:
Dr. Belew describes the competition currently underway between
Electronic Data Systems and IBM for the acquisition of the Indian firm
Mphasis. The current rush of funds into India means that India is ready
for massive investments from Western multinational corporations; this is
a precursor to rapid modernization and Westernization, which will
quickly integrate India into the rest of the world economy—provided that
neither Western nor Indian governments interfere to stifle this
A Texas company has decided to duke it out with
IBM in India.
Electronic Data Systems is located in Plano,
Mphasis is located in India's silicon valley -
After IBM announced its increased interest in
India, EDS decided to show just how much interest they have in the
country as well - to the tune of $380 million.
Compare that to the $6 billion that IBM has
pledged to India, and I think IBM hardly noticed EDS' gesture.
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Dr. Bill Belew is a former Intelligence
Officer for a Destroyer Squadron. He lived 20 years in Japan, where he
started a language school for Japanese
Dr. Belew teaches classes for a vocational school and online for a
See Dr. Belew's blog,
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