Zensar acquires OBT Global

By agencies   |   Tuesday, 13 December 2005, 20:30 IST
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MUMBAI: IT and BPO services firm Zensar Technologies Limited has acquired a U.S. based SAP services provider OBT Global Inc and its offshore affiliate OBT Global Pvt Ltd India in an all cash transaction to further its plans of foraying into the SAP market. "We have successfully positioned Zensar as a global player in four key areas of offshore development and support, application modernization, Oracle ERP and BPO during 2005. This acquisition positions us well to expand into SAP, one of the fast growth segments of the industry” said Harsh Goenka, Chairman, Zensar Technologies. "OBT is a profitable dual shore SAP services provider with a track record of outstanding customer satisfaction in SAP implementation and support, ABAP programming and SAP help desk services," a company release said. Ganesh Natarajan, global CEO of Zensar said, "OBT gets us firmly into the SAP services business and their excellent track record, partnerships with the SAP organisation for key verticals like pharmaceuticals and textiles and established presence in Hyderabad fit well into the strategic goals of the company."