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Sapient to acquire Business Information Solutions

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DQW Bureau
New Update



Sapient has entered into an agreement to acquire Busi-ness Information
Solutions, LLC (BIS), a provider of SAP-related professional services,
specializing in business intelligence (BI) solutions. The acquisition, which is
expected to be completed late in the second quarter of this year, is subject to
certain closing conditions and approvals.

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According to the press release, Sapient's clients will benefit from BIS's
recognized expertise and thought leader-ship in the latest SAP products and
solutions, including Business Information Ware-house (BW), Strategic Enter-prise
Management (SEM), NetWeaver and other "New Dimension" products. This
expertise, combined with the ability to leverage Sapient's agile-based Global
Distributed DeliverySM model, will enable clients to realize superior returns
from their investments in SAP. Additionally, the acquisition of BIS will extend
Sapient's outsourcing capabi-lities to include the manage-ment of SAP
applications.

"The opportunity in the SAP services market is growing rapidly as many
large organi-zations seek to improve com-petitive advantage by lever-aging their
SAP investments," said Alan Herrick, Executive VP, Sapient. "We're
excited about adding BIS's considerable expertise in SAP's advanced and
innovative products. With this acquisition, we will build on our SAP and
business intelligence capabilities to help our clients increase agility and gain
better visibility into running their businesses," he added.

"This acquisition will bring together two great companies with
complementary service offerings who share one common goal of delivering
extraordinary results to our clients," said Hagen Ruff, CEO, BIS.
"Working together, we can provide our clients with a broader set of
services and deeper industry expertise to further their success," he added.

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