Zensar looks to buy Infra Mgmt Co.
Date: 14/07/2010 | Economic Times
Zensar Technologies is looking to acquire a company in the infrastructure management space. The company has earmarked $100 million for the acquisition and has contracted three companies to search for a prospective partner. Ganesh Natarajan, vice-chairman and CEO of Zensar, told shareholders at the company’s annual general meeting: “We are looking for acquisition for rapid growth. We hope to close this acquisition this calendar year.”
About Zensar Technologies (http://www.zensar.com/)
Zensar Technologies is among the top 25 software services providers from India. Zensar is the world's first enterprise-wide SEI CMM Level 5 Company and was also later certified as a CMMI Level 5 Company with industry expertise that spans Retail, Manufacturing, Banking, Insurance and Utilities. Zensar has more than 5000 employees with sales and operations presence across US, UK, Germany, Sweden, Finland, Middle East, South Africa, Singapore, Australia and Japan. The Company delivers comprehensive services in mission-critical applications, enterprise applications, e-business, BPO and Knowledge Services. The Company has developed tools and methodologies, including the proprietary Solution BluePrint (SBP), which enables its clients with innovative business solutions and a rapid ‘go-to-market’ capability. The Company supports Fortune 500 clients with software business solutions that help them compete in the digital economy.
For further information, please contact:
Parul Vaidya
Market Innovation
Zensar Technologies
+91-20-66057852/ +91-9822684686
p.vaidya@zensar.com
