IT services provider NTT Data is set to acquire SAP services partner Optimal Solutions Integration.
The acquisition of Irving, Texas-based Optimal Solutions further strengthens NTT Data’s ability to accelerate the near and long-term value companies can gain from their SAP investments.
As part of NTT Data’s strategy to accelerate its business growth, the acquisition of Optimal will fortify NTT Data’s existing North American SAP consulting, deployment and application management business, which has been experiencing double-digit growth.
In addition, Optimal, which offers a range of planning, implementation, and maintenance services for the SAP product suite, brings further innovation to support the growing market demand for emerging technologies in the SAP space such as HANA, big data, analytics, mobility, and cloud.
Clients of both companies gain SAP-related innovation through the combination of Optimal’s Lab in Irving, NTT Data’s Solution Lab in Hyderabad, India, and the new NTT Group Innovation Institute in Silicon Valley.
Optimal clients will be able to leverage NTT DATA’s extensive global reach and gain access to the expanded set of IT services from NTT DATA and its sister NTT Group companies.
NTT Data boasts SAP-related revenues exceeding $1 billion annually, which expands further with Optimal’s 2012 fiscal year revenue of $153 million. With the acquisition expected to close in early 2014, NTT DATA will have approximately 7,500 SAP professionals, including more than 950 from Optimal.