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Soota's MindTree acquires ASAP Solutions

By siliconindia staff writer   |   Wednesday, 06 October 2004, 07:00 Hrs
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HYDERABAD: MindTree Consulting, an international IT services company, today announced that it has acquired ASAP Solutions to expand and improve its capabilities within the areas of enterprise resource planning (ERP), client-server, Internet and integration solutions.

Started in 1998, ASAP is a 120-person company based in Noida, U.P., India and co-headquartered and the U.S.

ASAP was founded by Atulya Nath, Sameer Narula, Sanjeev Joon and Bharat Malesha, who have extensive IT industry experience in India and in the U.S. ASAP has two major practices - an 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. ASAP delivers productized 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

Speaking on the occasion, MindTree's 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."

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."

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