Zensar Technologies has acquired US-based OBT Global Inc and its offshore subsidiary, OBT Global India, in an all-cash transaction. According to an official release issued by Zensar today, "OBT is a profitable, dual shore SAP service provider with a track record of outstanding customer satisfaction in SAP implementation and support, ABAP programming and SAP help desk services." Harsh Goenka, chairman of Zensar Technologies, said: "We have successfully positioned Zensar as a global player in four key areas of offshore development and support application modernisation, Oracle ERP and BPO during 2005. This acquisition positions us well to expand into SAP - one of the fast growth segments of the industry." "In our brief journey to success in SAP, we have built a very capable team of 150 professionals and done excellent work for customers in the USA and India. We are excited at the growth prospects that will emerge through this acquisition by Zensar," Ramesh Kodali, CEO of OBT, said. |