Scam-hit Satyam Computer Services has secured as many as 15 new contracts in January,  from both domestic and overseas clients, a Satyam spokesperson told reporters.

These outsourcing contracts came from the US, Europe and the rest of the world, including India, the spokesperson said.

"The company has got three new contracts from the US market, including one each in insurance and pharmaceuticals and a contract extension from an existing technology unit," according to the spokesperson.

"In Europe, the company has managed to win two accounts - one in the chemicals manufacturing sector and the other in the service sector," the spokesperson added.

She, however, admitted that US-based State Farm Insurance decided to terminate its contracts with Satyam after its founder quit on 7 January admitting the company's accounts were falsified for years.

The latest development would boost the morale of the 50,000-odd employees at the beleaguered IT firm. It would also help companies interested in Satyam Computer to firm up plans on acquiring the company.

Corporate majors like L&T,  Mahindras, the Spice Group and Hindujas are reported to be interested in acquiring majority stake in Satyam Computer Services.

The company said its executives are reaching out to clients across the world and over 90 per cent of the clients have faith in Satyam Computers.

Satyam offers information technology services, including consulting, systems integration, and outsourcing solutions, to clients in 20 industries and more than 65 countries.

With development and delivery centres in the US, Canada, Brazil, the UK, Hungary, Egypt, the UAE, India, China, Malaysia, Singapore, and Australia, Satyam serves 690 clients, including 185 Fortune 500 companies.