YASH Technologies Announces Acquisition of Dubai based Soltius Middle East FZ LLC

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Strategic acquisition to significantly boost YASH customer and delivery footprint in the Middle East region.

YASH Technologies™, a leading technology services and outsourcing partner for global companies, today announced the acquisition of Soltius Middle East FZ LLC (Soltius ME), a privately held company based in the Middle East. Headquartered in Dubai, Soltius ME is a leading IT consulting and services company, with marquee customers across the Middle East, Africa and Central Asia. Focusing on SAP® transformation services and specialization in SAP implementation services, Human Capital Management transformation, Mobility and BI-analytics, it is a partner of choice for customers in Oil and Gas, Healthcare, Process Manufacturing, and Retail verticals. This acquisition will significantly enhance YASH’s footprint in the region and enable customers to take advantage of its strong services portfolio and strengthened local presence.

“Fostering our growth momentum with focused acquisitions that add to our market presence is part of our overall strategy," said Manoj Baheti, Founder & CEO, YASH Technologies. “With a strong regional footprint and expertise in Oil and Gas and Healthcare industries, Soltius is an important addition to our global portfolio," he added.

Soltius ME will, going forward, operate as a business division of YASH and carry the entire global services portfolio, including SAP and Oracle® application services, and infrastructure management services, in addition to the strong current services for which Soltius ME is known. It will continue to cater to all Middle East and African Countries.

Commenting on the acquisition, Bala Navuluri, COO, YASH Technologies said, “We welcome Soltius ME and its customers to the YASH family. Soltius ME is a well-established player and a well-known brand with strong local talent. The customers of Soltius ME and YASH in the region will derive value from the breadth and depth of YASH IT services expertise and the strong local presence.”

The consulting & business development teams, led by the Soltius ME management, will be transitioning to YASH as part of this acquisition. Soltius ME customers would be able to take advantage of the global presence and capabilities of YASH, while continuing to engage with their trusted partner.

"We are excited to be part of YASH Technologies and look forward to delivering enhanced business value to our customers” states James Griffin, Managing Director of Soltius Middle East FZ LLC. “The combination of our joint global services capability and strong local presencewill enable us to better partner with our customers in their journey of growth and expansion.”

The integration of Soltius ME team into YASH Technologies is in process and likely to complete in the upcoming weeks.

More information can be found at http://www.yash.com and http://www.soltiusme.com

About YASH Technologies
YASH Technologies focuses on customer success. As a leading technology services and outsourcing partner for medium and large global customers, we leverage technology and our flexible delivery models to drive performance and business value throughout a customer's enterprise. YASH's comprehensive service approach incorporates a holistic view of our customers that extends beyond delivery. This approach integrates enterprise solutions and services, proprietary best practice offerings, strategic application and maintenance outsourcing, as well as consulting and integration services. YASH is a SEI CMMI (Level 3) and an ISO 9001:2008 certified company with U.S. and India headquarters and regional sales and development offices spread across five continents. For more information, please visit http://www.yash.com or email info(at)yash(dot)com

About Soltius FZ Middle East
Soltius ME is renowned IT services enterprise and prominent name in the business solution industry for their expert ERP tools. Headquartered in Dubai, UAE, Solitus ME has strong regional presence and profound domain knowledge across SAP solutions primarily across Healthcare, Mobility, Business Intelligence & Human Capital Management. The deal augments the management consulting capabilities of YASH globally and adds more experienced techno-functional consultants and clients in Manufacturing, Healthcare, Oil & Gas and Aviation industries. For more information, please visit the company's website at: http://www.soltiusme.com

SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE (or an SAP affiliate company) in Germany and other countries. See http://www.sap.com/corporate-en/legal/copyright/index.epx for additional trademark information and notices. All other product and service names mentioned are the trademarks of their respective companies.

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