Business Daily from THE HINDU group of publications
Thursday, March 15, 2007
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Business Daily from THE HINDU group of publications Thursday, March 15, 2007 |
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News Update as at 18.00 hrs (IST)
Info-Tech LONDON: Zensar Technologies, a global IT and BPO service provider, has completed the acquisition of ThoughtDigital, a New York-based software firm that specialises in Oracle applications. ThoughtDigital, owned by SOA Software, is a profitable East Coast (USA) systems integrator with a turnover of $27 million for the year ended December 31, 2006. It employs 120 Oracle consultants and has a strong client base in verticals such as communications and media, financial services, consumer products and services . Zensar expects to achieve great synergies with ThoughtDigital in the Oracle space, given the rapid growth of its EAS (Enterprise Application Solution) business in the US market. "Zensar is making remarkable progress in the UK and the takeover of ThoughtDigital confirms our commitment to strengthening our position as a world player in the ERP (Enterprise Resource Planning) market,'' Country Head of the United Kingdom, Gurdeep Gre wal said last night. - PTI
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