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SOA Software Sells Services Unit

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SOA Software, the leading provider of comprehensive enterprise-class SOA management, security, and governance solutions, has announced a strategic relationship with Zensar Technologies that includes joint worldwide cooperation and the selling of its professional services business to Zensar.

The Pune, India,-based global provider of enterprise information technology solutions is acquiring SOA Software's services business for $24.9 million in cash. In addition, Zensar and SOA Software will cooperate to deliver and support SOA solutions to their joint customers.

SOA Software, which has had a presence in the professional services field since its founding in 2001, is spinning off the professional services group in order to concentrate on its growing enterprise software business, the company said.

With the success of its SOA Infrastructure Suite, which includes the award-winning Service Manager and SOLA products, the company is a leader in governance and management products for enterprise service-oriented architecture (SOA). This transaction bolsters SOA Software's ability to fund its groundbreaking efforts in the area of Active SOA Governance, the company's unique approach to governing enterprise Web Services from design through run time.

"SOA Software had a great year in 2006 and now we will accelerate our growth," said Paul Gigg, CEO of SOA Software. "Our focus on active governance, mediation, and management has proven to be the right strategy."

"We are very pleased to have this relationship with SOA Software," said Dr. Ganesh Natarajan, deputy chairman and managing director of Zensar. "We are looking forward to working together on SOA projects in U.S., Europe, and Asia."

Though based in India, Zensar Technologies is a truly international firm, with operations and a customer base spanning across 18 countries including software development centers in India and China. The firm has expertise in key verticals of manufacturing, retail, logistics, financial services, telecom and utilities, offering end-to-end solutions across diverse technology platforms and industry domains through a global delivery model, which delivers 24x7 services. Zensar has formed lasting relationships with customers like Cisco, National Grid, Fujitsu, Marks and Spencer, Danaher Corporation, Electronic Arts, and Logitech among others. Zensar has also forged strategic technology partnerships with global technology leaders such as IBM, Microsoft, Sun Microsystems, and Oracle.

About SOA Software

SOA Software is a leading provider of comprehensive enterprise-class SOA governance, security, mediation, and management. SOA Software's products include the award-winning Service Manager, Workbench, and SOLA. Service Manager provides a high-performance, scalable SOA management and security solution. Workbench provides a comprehensive closed-loop SOA governance solution. And SOLA is SOA Software's mainframe Web services solution for CICS programmers. These enterprise-class products combine to create the only comprehensive SOA infrastructure solution available today. SOA Software is a privately held company backed by leading investors including Draper Fisher Jurvetson, Redpoint, Goldman Sachs, Palisades Ventures Fund and Paladin Capital Group. For more information, please visit SOA.

 

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