Mergers and Acquisitions Archives - InsideSAP Asia https://insidesap.asia/tag/mergers-and-acquisitions/ The independent resource for SAP professionals in Asia Tue, 19 Sep 2023 05:19:05 +0000 en-US hourly 1 https://insidesap.asia/wp-content/uploads/2020/01/cropped-InsideSAP-Asia-logo-SQUARE-32x32.png Mergers and Acquisitions Archives - InsideSAP Asia https://insidesap.asia/tag/mergers-and-acquisitions/ 32 32 SAP Consultancy in Focus: Fujitsu’s Acquisition of Thailand’s ICS https://insidesap.asia/sap-consultancy-in-focus-fujitsus-acquisition-of-thailands-ics/ https://insidesap.asia/sap-consultancy-in-focus-fujitsus-acquisition-of-thailands-ics/#respond Tue, 19 Sep 2023 05:19:01 +0000 https://insidesap.asia/?p=13862 In a market dominated by swift digital evolutions, Fujitsu stands out with its strategic moves. The acquisition of Thailand’s Innovation Consulting Services (ICS) has positioned Fujitsu as an unyielding force in the Asia Pacific domain. Aiming to enhance its SAP consultancy and managed service repertoire, this acquisition aligns perfectly with Fujitsu’s grand design of reigning […]

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In a market dominated by swift digital evolutions, Fujitsu stands out with its strategic moves. The acquisition of Thailand’s Innovation Consulting Services (ICS) has positioned Fujitsu as an unyielding force in the Asia Pacific domain. Aiming to enhance its SAP consultancy and managed service repertoire, this acquisition aligns perfectly with Fujitsu’s grand design of reigning supreme in global digital transformation.

The acquisition of ICS isn’t an isolated incident. It marks Fujitsu’s seventh monumental acquisition since 2021, delineating the company’s assertive M&A strategy. This deliberate move is tailored to carve a dominant digital niche and accentuate its capabilities.

Incorporated in 2002, ICS boasts a history rich in proficiency. This expertise is poised to work harmoniously with Fujitsu’s ambitions. Especially as it pertains to amplifying Fujitsu’s “Business Applications,” an imperative component of its global Uvance portfolio.

Moreover, with ICS under its wing, Fujitsu is set to elevate its stature in Uvance’s cross-industry verticals. These verticals comprise of Sustainable Manufacturing, Consumer Experience, Trusted Society, and Healthy Living. It is essential to note that these aren’t mere corporate jargon. They underscore Fujitsu’s commitment to devising solutions for humanity’s most compelling challenges.

The alliance between Fujitsu and ICS is more than a corporate merger. It is a collaboration fueled by mutual SAP experience and an impeccable professional lineage. The blend promises to fortify Fujitsu’s position in the market, allowing it to deliver unparalleled SAP solutions at an unprecedented pace.

Graeme Beardsell, Chief Executive Officer at Fujitsu Asia Pacific, has been vocal about the symbiotic nature of this partnership. For him and Fujitsu at large, SAP is not just a technological platform. It’s the bedrock of their growth narrative, playing a pivotal role in navigating the complex avenues of Digital and Sustainability Transformation for their vast client base. His vision includes leveraging this partnership to fortify the Asia Pacific SAP Community of Skills, thereby streamlining their Global Delivery Centres.

Fujitsu Acquires Thai SAP Consultancy Innovation Consulting Services

While mergers are often eyed with a hint of skepticism, considering the possible dilution of brand values, this union is different. Both entities are determined to not only broaden their horizons for new clients but also to nurture their existing customer relationships. This will be meticulously achieved by tapping into their collective strengths.

On the home turf, Fujitsu Thailand Managing Director Kanokkamon Laohaburanakit showcased palpable enthusiasm regarding the merger. In his view, this partnership isn’t just a business move. It’s a catalyst to accelerate problem-solving capacities, weaving the competencies of Fujitsu Thailand and ICS into a formidable solution powerhouse.

Echoing this optimism, ICS Chief Executive Officer Panadda Promwongsak shed light on the merger’s potential. For Promwongsak, this isn’t just an acquisition; it’s an avenue to amplify ICS’s service capabilities. From bolstering their cloud solutions to diversifying consulting, the merger paves the way for holistic growth. Additionally, it promises a vibrant professional playground for ICS’s workforce, granting them global exposure.

Fujitsu’s inclusion of ICS into its fold is more than a mere corporate strategy; it’s a significant evolution in the SAP consultancy landscape of the Asia Pacific. Their shared vision, mutual respect for expertise, and an undying passion for innovation make this partnership uniquely poised for success. As they march forward, the duo promises a transformative journey for the industry, their clients, and the digital realm at large.

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Argano’s SAP and Managed Services Offerings Boosted by Echelon https://insidesap.asia/arganos-sap-and-managed-services-offerings-boosted-by-echelon/ https://insidesap.asia/arganos-sap-and-managed-services-offerings-boosted-by-echelon/#respond Fri, 24 Jun 2022 03:28:27 +0000 https://insidesap.asia/?p=13002 With the latest addition of Echelon Solutions Group LLC to the business, Argano further strengthens its SAP and managed services capabilities, consulting services, and other industry offerings. Established in 2009 with its headquarters in Chicago, Echelon Solutions Group LLC is a provider of comprehensive SAP cloud-based services, including strategy, implementation, and support for two-tier enterprise […]

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With the latest addition of Echelon Solutions Group LLC to the business, Argano further strengthens its SAP and managed services capabilities, consulting services, and other industry offerings.

Established in 2009 with its headquarters in Chicago, Echelon Solutions Group LLC is a provider of comprehensive SAP cloud-based services, including strategy, implementation, and support for two-tier enterprise resource planning (ERP) systems, SAP S/4HANA Cloud, SAP Hybris solutions, SAP SuccessFactors, and SAP Integrated Business Planning (SAP IBP). The company’s service model involves delivery and support from the United States, Canada, Mexico, France, and India.

In 2016, Echelon Solutions Group unveiled a strategic partnership with Hanoi, Vietnam-based FPT Software to provide global SAP consulting services, including a significant increase of service delivery in the United States. Through our alliance with FPT Software, Echelon Solutions Group aimed to broaden its regional footprint while simultaneously delivering first-rate service to customers.

Over the course of the past several years, Echelon Solutions Group LLC Chief Executive Officer Aditya Bahl explained that the company has made significant investments in its services and offerings in order to assist clients in reimagining the way in which they conduct their businesses. Recently joining Argano, a next-generation business and technology services provider based in Texas, Bahl revealed that the company’s corporate approach falls in line with Argano’s overall strategy.

Sharing more of his thoughts about the new partnership, Bahl stated:

“We are thrilled to join Argano and look forward to bringing our expertise and contributing to the company’s ongoing success.”

Echelon Strengthens Argano’s SAP and Managed Services Capabilities

Argano Chief Executive Officer Chip Register, who was recently named by SAP Partner Ernst & Young LLP (EY US) as an Entrepreneur Of The Year 2022 Central Plains Award finalist, believes that Echelon Solutions Group’s experience brings tremendous depth to their SAP team. He added that the collaboration will allow Argano to further expand its offerings and support customers in their business transformation journeys.

True enough, Echelon Solutions Group LLC has been recognized as a premier SAP Cloud Application Services Strategic Partner and has managed to earn the SAP Recognized Expertise status within multiple sectors for its customer excellence and delivery capabilities. The tech firm will work closely with the Argano 4 SAP department to provide customers with a comprehensive set of business and technological solutions that are essential to the process of establishing a powerful digital foundation.

The alliance between the business units hopes to support customers in the following areas:

  • Rethinking products, services, and experiences so that they are in line with the ever-changing expectations of customers.
  • Re-architecture in order to get past old systems and the accumulated technological debt
  • Achieving speed and agility in order to establish an intelligent cloud-based platform
  • Resolving existing issues and roadblocks with a distinct strategy for ongoing innovation.

“We’re excited to welcome the Echelon team as we continue to drive value for our clients,” Register commented.

Last year, the business and technology services provider also acquired SCMO2, an Atlanta-based SAP Gold Partner and leader in supply chain management solutions. This is yet another example of the company’s commitment to enhancing its capabilities across a wide range of industries. According to Register, Argano’s ability to provide cloud-based Digital Operating Platforms — which enable dynamic selling and fulfillment systems from commerce to cash to close — is enhanced by the supply chain competence of SCMO2.

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Rizing Acquires attune Consulting to Bolster SAP Capabilities https://insidesap.asia/rizing-acquires-attune-consulting-to-bolster-sap-capabilities/ https://insidesap.asia/rizing-acquires-attune-consulting-to-bolster-sap-capabilities/#respond Mon, 10 May 2021 21:00:00 +0000 https://insidesap.asia/?p=10951 Privately-held global SAP consulting company Rizing has recently acquired attune Consulting, a Sri Lankan-owned firm with expertise in SAP S/4HANA solutions for the fashion and lifestyle sectors, in a bid to boost its global SAP capabilities across consumer industries. According to an S&P Global Market Intelligence report, the emerging economies in South and Southeast Asia […]

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Privately-held global SAP consulting company Rizing has recently acquired attune Consulting, a Sri Lankan-owned firm with expertise in SAP S/4HANA solutions for the fashion and lifestyle sectors, in a bid to boost its global SAP capabilities across consumer industries.

According to an S&P Global Market Intelligence report, the emerging economies in South and Southeast Asia will be hot destinations for investments due to its opening-up policies, attractive markets, and growth opportunities. Additionally, mergers and acquisitions (M&A) activity in the Asia-Pacific (APAC) region has been active — fuelled by promising returns and growth prospects — as the COVID-19 pandemic accelerates industry consolidation.

A recent example of an active M&A movement in APAC is Rizing’s acquisition of attune Consulting, a software subsidiary of MAS Holdings. Dubbing it as a “significant investment in a Sri Lankan-owned global technology firm,” MAS Holdings stated that Rizing will help attune Consulting in scaling and growing its business in the years to come.

attune Consulting started as an in-house project collaborating with SAP to develop and launch SAP Apparel and Footwear Solutions (AFS). It was officially incorporated in 2006 within MAS Holdings.

Furthermore, MAS Holdings also said that the sale was in fulfillment of its long-term strategic plan which included the divestment of attune Consulting as one of its objectives. Mahesh Amalean, Chairman, MAS Holdings Chairman said in a statement:

“The acquisition by Rizing ensured that attune would benefit from Rizing’s global scale and expertise, and that their customers and employees continue to thrive as part of a leading solutions provider in the fashion and consumer industries.”

Additionally, Amalean also mentioned that MAS Holdings will continue to work closely with Rizing and attune Consulting with regards to the ongoing support and implementation of SAP products and services across MAS Holdings’ strategic business units in Sri Lanka and overseas.   

Leveraging attune Consulting’s Industry Expertise to Strengthen SAP Capabilities

With more than 500 employees globally, attune Consulting has established offices across key regions including India, Australia, China, Hong Kong, Italy, Germany, the United Kingdom, the United States, and the Netherlands to help meet their clients’ global requirements.

In recent years, attune Consulting has helped companies to transition to the digital age by leveraging the latest SAP technology. The global solutions provider’s co-innovation partnership with SAP has resulted in the SAP Fashion Management application, a solution designed to bring all business operations onto a single platform to create cross-channel, integrated fashion companies.

Moreover, Vajira de Silva, Chief Executive Officer, attune Consulting, expressed his delight at the company’s latest venture. He remarked:

“This merging of Rizing’s and attune’s industry knowledge and experience will provide our long-term valuable clients with access to exciting new technologies and talented resources. The strength of the combined companies will allow us to grow into new markets and augment our products and services to better address the needs of existing and new clients.”

Meanwhile, Rizing is a portfolio company of One Equity Partners with offices in 11 countries and provides customers with solutions across Human Capital Management, Enterprise Asset Management, and Consumer Industries. According to the company’s press statement, it believes attune Consulting’s team will help raise its capacity to meet the growing needs for technology solutions that track, manage, and predict customer activity in multiple channels globally.

According to Rizing Chief Executive Officer Mike Maiolo, attune Consulting will help elevate its position across all aspects of the fashion segment and expand its capabilities in SAP Consumer Industries. He further said in a statement:

“Customers from both organisations benefit from this transaction. Now, two of the top SAP Partners in Consumer Industries and Fashion are a united force to deliver unmatched value through combined experience, expertise, and scale.”

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Syntax Boosts Global Reach, SAP on AWS Services with New Acquisition https://insidesap.asia/syntax-boosts-global-reach-sap-on-aws-services-with-new-acquisition/ https://insidesap.asia/syntax-boosts-global-reach-sap-on-aws-services-with-new-acquisition/#respond Tue, 20 Apr 2021 21:00:00 +0000 https://insidesap.asia/?p=10842 In a bid to boost its global presence and SAP on AWS (Amazon Web Services) offerings, Syntax has recently announced that it has acquired Linke. The managed cloud provider for mission-critical application deployments plans to utilise the SAP tech consulting company’s expertise in migrating SAP environments to the AWS cloud. In January 2019, Syntax made […]

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In a bid to boost its global presence and SAP on AWS (Amazon Web Services) offerings, Syntax has recently announced that it has acquired Linke. The managed cloud provider for mission-critical application deployments plans to utilise the SAP tech consulting company’s expertise in migrating SAP environments to the AWS cloud.

In January 2019, Syntax made a similar strategic deal with German IT services provider Freudenberg IT to strengthen the company’s service offerings in the SAP market and further complement its existing business operations. The acquisition helped Syntax extend its reach in global locations it had initially targeted for growth, including Europe and Asia.

Syntax’s offices in the Asia-Pacific have been helping enterprises expand their operations by combining the flexibility and convenience of the cloud with reliable ERP solutions. In October 2020, Dr. Haihong Xin — renowned in the industry for his SAP and IT consulting experience throughout the APAC region for over 20 years — has been announced as the new CEO of Syntax Asia. 

Dr. Xin, who has spent more than ten years at SAP in Development, Managed Services, and Consulting, now heads Syntax Asia’s team in delivering best-in-class technology services that include SAP consulting, Managed and Client Services, and Application Management Services (AMS).

Another proof of Syntax’s commitment to bringing comprehensive technology solutions to businesses of all sizes globally is its latest acquisition of Linke — a specialist in cloud consulting services with clients mainly from Spain, Europe, and the Middle East. In a statement, Syntax Global CEO Christian Primeau shared:

“Linke’s unmatched expertise in deploying, migrating, operating and automating enterprise applications — specifically SAP workloads — on AWS and dedication to customer success is well-known. This transaction represents an exciting opportunity for Syntax to further Linke’s impressive capabilities and help even more customers reach their cloud goals.”

Linke to Bolster Syntax’s SAP on AWS Capabilities

Adding to the growing list of major companies consolidating among their ranks, the acquisition of Linke aims to expand Syntax’s European client base while accessing new SAP on AWS capabilities at the same time. Since its establishment in 2010, Linke has already assisted numerous companies in navigating and implementing complex cloud migrations with its innovative and expert SAP and AWS solutions.

Throughout last year, Linke has strengthened its alliances with its two main partners, SAP and AWS. Linke has been recognised as an SAP-certified service provider of managed services across three aspects of SAP software and solutions including DevOps, hosting operations, and SAP HANA operations. Additionally, it has achieved SAP Gold Partner status — the highest category of the SAP PartnerEdge Program — in September.

Further commenting on the recently announced deal, Primeau said that Syntax could not have found a better company than Linke to reinforce its commitment to innovation, people, and customers with a similar mindset. He mentioned Linke’s focus is on migrating SAP applications in the AWS and Microsoft Azure public, private, and hybrid clouds. In an interview with CRN, he explained:

“It brings a strong portfolio of solutions for SAP pre-installed systems on the AWS Marketplace including SAP S/4HANA. If that’s not a unique offering, it’s very uncommon. Linke also brings AWS Connect to provide customers with direct access to AWS services directly from SAP.”

Meanwhile, Linke Co-Founder and CEO Chabier Sanvicente concluded:

“Over the past 10 years, we have established Linke as a leader in Europe for SAP on AWS environments, developing projects in 17 countries. Joining our expertise with Syntax will allow us to grow faster, accelerate our international expansion, improve the development and capacity for our solutions and expand our value proposition so our clients can transform and innovate their business.”

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SAP HANA Solutions Expert ManageServe Acquired by Pythian https://insidesap.asia/sap-hana-solutions-expert-manageserve-acquired-by-pythian/ https://insidesap.asia/sap-hana-solutions-expert-manageserve-acquired-by-pythian/#respond Mon, 12 Apr 2021 21:00:00 +0000 https://insidesap.asia/?p=10781 In a bid to expand its full lifecycle enterprise resource planning (ERP) capabilities to include SAP HANA solutions, managed services, and analytics, Canadian IT services company Pythian has recently acquired SAP MSP Partner ManageServe. More than 33{aa282f308afcc222aaa21b0478c79e01a8fedd01972e2180867097bd93930f22} of Pythian’s customers are utilising SAP — a leader in ERP software with a market share of 22{aa282f308afcc222aaa21b0478c79e01a8fedd01972e2180867097bd93930f22} […]

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In a bid to expand its full lifecycle enterprise resource planning (ERP) capabilities to include SAP HANA solutions, managed services, and analytics, Canadian IT services company Pythian has recently acquired SAP MSP Partner ManageServe.

More than 33{aa282f308afcc222aaa21b0478c79e01a8fedd01972e2180867097bd93930f22} of Pythian’s customers are utilising SAP — a leader in ERP software with a market share of 22{aa282f308afcc222aaa21b0478c79e01a8fedd01972e2180867097bd93930f22} in the global ERP market, cloud, and on-premises, according to Gartner research. With this, Pythian is in a steady position to help its customers gain value from their ERP data by acquiring ManageServe and maximising its expertise in providing quality services for ERP application and SAP technical support.

In an interview, Pythian CEO Keith Angell has expounded on the acquisition that is geared towards bolstering the company’s existing ERP practices and its capabilities to provide SAP HANA solutions on Microsoft Azure, Google Cloud, Amazon Web Services (AWS), and SAP cloud platforms.

Highlighting ManageServe’s vast experience in managed services, migration hosting, and SAP analytics team, Angell said:

“The SAP Business Warehouse and HANA database are critical to companies that run SAP. And mining the data in the data warehouses and HANA database and other back-end databases attached to SAP is a great capability of Pythian helping enterprises get value from their data.”

Additionally, ManageServe’s analytics capabilities around SAP systems align with Pythian’s data-first strategy in driving digital transformation, according to Angell. In the statement released, he further said:

“ManageServe’s reputation for SAP excellence, outstanding customer service, and deep technical know-how fits well with Pythian’s full lifecycle approach as we enable our customers to scale, optimise, and gain value from their most mission-critical business applications.”

ManageServe: A Trusted SAP Partner with Expertise in SAP HANA Solutions

As an SAP-certified application hosting and SAP PartnerEdge partner, ManageServe has completed more than 50 SAP upgrades, 80 SAP implementations, and 80 operating system/database migrations (OS/DB), including SAP HANA, to the major cloud vendors and SAP’s clouds for businesses across various sectors such as IT, manufacturing, healthcare, and retail.

ManageServe offers services in workload migration, big data analytics, and end-to-end managed services. SAP has also made ManageServe a member of its SAP Partner Open Ecosystem to help its customers migrate to SAP HANA. As the data foundation for SAP Business Technology Platform, SAP HANA provides powerful database and cloud capabilities for enterprises. ManageServe’s Enhanced Migration Optimisation solution provides a successful and complete project plan in delivering a proven, structured method for migrating clients’ landscape and handling change management.

As more and more businesses express their interest in integrating their SAP data with cloud-based analytics stacks, the acquisition reinforces Pythian’s current focus on data and the cloud. Commenting on the new partnership with Pythian, ManageServe CEO Sabir Kapasi stated:

“Together we are extremely well-positioned to help clients optimise enterprise-scale SAP workloads on-premise or in the cloud so they can maximise the business value of their data.”

Moreover, Pythian will scale up its current business operations by complementing ManageServe’s Bangalore office with its location in Hyderabad, India. Pythian will also be hiring more SAP developers and consultants in addition to ManageServe’s staff that will bring Pythian’s headcount to roughly 370.

“Our ability to expand within ManageServe’s customer base — and theirs within ours — is also critically important,” Angell said.

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