Business software company SAP will acquire Yasu Technologies in a deal expected to close by the end of October.
Yasu Technologies, located in Hyderabad, India, was founded in 1999 as a privately held company. Its flagship product, QuickRules BRMS, is used by companies such as BMW, Bombay Stock Exchange and WebMD.
SAP plans to integrate Yasu’s technologies into SAP NetWeaver. NetWeaver is a composition platform for enterprise service-oriented architecture. The integration of Yatsu into the NetWeaver platform is intended to help SAP customers apply consistent business rules across their business process software.
SAP recently announced its third-quarter earnings û $2.5 billion û which showed a 13% increase over the same quarter in 2006. It was the seventh consecutive quarter for which the company reported share gains.
The Yasu acquisition complements SAP’s growth strategy, which was traditionally organic but has recently focused on targeted buys to fill in holes in its offerings. SAP recently acquired Business Objects for $6.8 billion.
In addition, Wal-Mart has chosen the company to improve its financial information systems. The partnership will extend globally, and the first phase if implementation should be completed in 2010. Other SAP customers include PepsiCo, Tyson Foods and the US Department of Interior.
Located in Walldorf, Germany, SAP is the world’s largest business software company. Its American headquarters are in Newtown Square, PA. Company revenues in the US and Canada were $4.28 billion in 2006.