Business Daily from THE HINDU group of publications Thursday, Oct 18, 2007 ePaper | Mobile/PDA Version |
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Info-Tech
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Mergers & Acquisitions SAP set to buy Yasu Tech
Our Bureau Hyderabad, Oct. 17 Enterprise software maker SAP AG today announced its move to acquire Yasu Technologies, a privately held company based in Hyderabad. Yasu Technologies provides business rules management technology and systems that help companies better manage their assets. SAP will embed Yasu’s solutions into its technology platform, SAP NetWeaver, to provide business rules infrastructure that allows companies to move their strategies forward and better maintain compliance while saving time, resources and money. While the terms of the deal were not disclosed, SAP in a statement said that this acquisition is a continuing evidence of the company’s strategy to use targeted, fill-in acquisitions to complement its broad solution offering and successful organic growth strategy. By extending its footprint in the business process management market, SAP will use technology from Yasu to enable its customers to consistently apply business rules to their business processes across heterogeneous computing environments. According to SAP, this acquisition would help its customers by offering the solutions they need to be more agile, accountable and responsive to quickly changing business conditions. The CEO of Yasu, Mr Satish Madhira, in a statement said: “Business process experts realise that business rules management systems are critical to helping IT translate business sense into business applications. Our solutions provide customers with high levels of automation and agility in their business.” More Stories on : Mergers & Acquisitions | Software
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