Advertisment

MindTree buys SAP specializing firm

author-image
CIOL Bureau
New Update

BANGALORE: MindTree Consulting has acquired Noida based ASAP Solutions, with a presence in the US. According to the company, the acquisition would expand and improve MindTree's capabilities within the areas of enterprise resource planning (ERP), client-server, Internet and integration solutions. No financial details were disclosed.



Started in 1998, ASAP is a 120-person company founded by a four professionals, Atulya Nath, Sameer Narula, Sanjeev Joon and Bharat Malesha. The company is engaged in two primary practices, SAP practice, which focuses on SAP implementation, maintenance and application integration and a data management practice, which works with large enterprises on architecting and maintaining mission-critical systems.



MindTree, Chairman and Managing Director Ashok Soota stated, "After over five years of successful organic growth, we felt it was time to add ASAP to the MindTree family. It will accelerate our capability in the ERP segment, which is one of our fastest growing practice areas. With ASAP's technology expertise and existing client base, we are ready to act as one, integrated company in delivering high customer satisfaction."



ASAP delivers product integration services to SAP enterprises using its integration framework products. Specifically aSAPXcess, a suite of infrastructure software components and tools to integrate disparate business applications and systems with SAP and WISE, a reporting and business intelligence portal system for SAP enterprises



MindTree's IT Services Chief Executive Officer Krishnakumar Natarajan added, "Our customers are telling us to increase our ERP footprint. The coming together of ASAP and MindTree will help us address our Indian and international customer's needs for SAP implementation and maintenance. This deal would also give us valuable relationships and help us grow our presence in North India."



ASAP's CEO Atulya Nath commented, "We are very excited with the opportunities created by joining hands with MindTree. ASAP has built significant customer value and intellectual property. This deal will allow us to continue to deliver high-quality, leading edge solutions to our existing and new customers, with a value proposition based on the OneShore delivery model of MindTree."

tech-news