SAP buys Yasu Tech

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BS Reporter Bangalore
Last Updated : Feb 05 2013 | 2:21 AM IST
SAP, the provider of business software, has acquired Hyderabad-based Yasu Technologies, a privately-held company which provides business rules management systems, for an undisclosed amount.
 
Yasu will join SAP with a team of 120 employees and a customer base that spans insurance, banking, mortgage, telecommunication and manufacturing.
 
The acquisition is expected to close by end of this month.Yasu's annual revenues are estimated to be in the range of Rs 25 crore.
 
SAP might have shelled out about Rs 100 crore, going by market estimates. Incorporated in 1999, Yasu Technologies' solutions enable the customers to centrally manage and monitor their businesses in a cost-effective manner.
 
SAP aims to embed Yasu Technologies' solutions into its SAP NetWeaver technology platform to provide business rules infrastructure to its customers.
 
This will help its customers move their strategies forward and better maintain compliance while saving time, resources and money, the Germany-headquartered company said.
 
SAP NetWeaver is a platform for enterprise service-oriented architecture (E-SOA), on the top of which SAP's partners build solutions to address specific market segment.
 
In India alone, SAP has over 220 customers who use SAP NetWeaver platform to deliver solutions "This acquisition gives our customers the solutions they need to be more agile, accountable and responsive to quickly changing business conditions. We welcome the Yasu Technologies team to SAP and look forward to adding these important capabilities to SAP NetWeaver," said Klaus Kreplin, corporate officer, member of the Executive Council, head of SAP NetWeaver Technology.
 
With the acquisition of Yasu, SAP has enhanced its BPM offerings and would be able to provide customers with the ability to easily embed new business rules in business processes and create solutions while ensuring compliance.
 
Said Satish Madhira, CEO, YASU Technologies, "Business process experts realise that business rules management systems are critical to helping IT translate business sense into business applications. Our solutions are known for providing customers with high levels of automation and agility in their business."

 

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First Published: Oct 18 2007 | 12:00 AM IST

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