Netsol accquires US based SAP consultancy firm
Posted on November 6th, 2008 in Business Tech |
Netsol seems to be getting serious about its SAP ambitions. The news is out that it has accquired a small focused consultancy in LA, Ciena Solutions for a combination of cash and stock. This gives Netsol an HQ in California, as well as some serious skill to tap into for local projects and a sales team (maybe) to get US projects, tho I dont think US projects would be as profitable as local projects at this point in time. There is more SAP work in his region of the world compared to the West, I would think, atleast for the next 2 years.
No word on the size, customer base or revenues of Ciena.
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2 Responses
You are wrong. US project are much much more profitable, which you can not imagine. Stacks are always high in SAP. If netsol acquire at least one project, they even dont need to run internet company.
internet company?