Monday, November 12, 2007

Global IT and BPO services firm Zensar Technologies, Pune, is set to acquire a SAP services provider in the Germany, Austria and Switzerland market




The proposed acquisition will help Zensar get a toe-hold in continental Europe and also bolster its revenues from SAP, reckoned as one of the fastest growing segments of the industry.

“We have short-listed 21 potential companies for acquisition and this will be further narrowed to a dozen. We expect to announce the acquisition this fiscal,” said Zensar Technologies deputy chairman and MD Ganesh Natarajan.

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Tactile acquisition:

“Understandably, Zensar has zoomed in on the German speaking market as it reckons that DACH countries, Germany, Austria and Switzerland, offer a huge business potential for SAP,” said an analyst.

SAP, headquartered in Germany, is the third largest independent software company and is operating in a field dominated by US companies.
: Zensar set to buy European SAP service provider: Hema Ramakrishnan: The Economic Times.

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: Sumit Verma's photos.
: michael.biermann's photos.

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