Yash acquires US company

BANGALORE: Yash Technologies, Inc., an information technology (IT) solutions company, has acquired Global Core Software (GCS), a SAP business partner and reseller to SMBs in the Northeast United States (US).

As part of the acquisition, GCS has changed its company name to Genesis Corporate Solutions, LLC. As a new division of Yash Technologies, Genesis expands its SAP solutions portfolio for SMBs and extends Yash’s operational network.

For Yash, named one of the top 500 fastest-growing private companies in the U.S. by Inc. Magazine(2001 and 2002), the acquisition is part of an overall strategy to expand its customer base beyond the enterprise market to reach SMBs in the Northeast United States, where Genesis is a successful SAP SMB business partner and reseller.

"Genesis’ proven experience in providing SAP solutions to SMB customers broadens our position as a SAP SMB business partner and enables us to tap into the growing SMB market. Genesis has a well-established presence in the northeastern United States, one of the most fertile markets for enterprise resource planning (ERP) solutions," said Founder & CEO, Manoj Baheti, Yash Technologies.

Nearly two-thirds of all SAP software installations worldwide are in organizations with revenues of less than $500 million. With small IT staffs and limited budgets, these companies are increasingly turning to external resources and expertise for help across the whole IT spectrum, from consulting, purchasing and implementation to support and on-going management. As a division of Yash, Genesis can respond with end-to-end IT solutions.

"Yash’s business and technical expertise, proven delivery model and expanded offerings enable us to offer our customers more ways to lessen costs, reduce complexity and speed return on IT investments," said Genesis Vice President, Paul Saia.

"Since the inception of SAP’s reseller channel program in 1996, SAP has valued the work it has accomplished with Genesis in providing SMBs in the Northeastern US with superior business solutions, based upon mySAP Business Suite. Yash’s acquisition of Genesis will broaden its ability to deliver pre-packaged SAP vertical solutions to SMBs on a more national level across multiple industries," said Rick Pitts, Vice President of mySAPâ„¢ Channel Sales Solutions, SAP America, Inc. "