Zensar Technologies signs agreement to acquire US-based M3bi

Zensar, an RPG company, has entered into a definitive agreement to acquire M3bi, a Scottsdale, Arizona-based data engineering and digital engineering firm.

This acquisition will be completely funded by internal accruals. Financial details of the deal were not disclosed.

The addition of M3bi reinforces Zensar’s new strategy, which focuses on areas of market opportunities that allow Zensar to concentrate organization resources, investments and alliances to deliver maximum business impact.

Ajay S Bhutoria, Chief Executive Officer and Managing Director, Zensar Technologies, said, “data engineering and analytics and advanced engineering are key strategic growth opportunities for us. With the addition of M3bi’s capabilities, we will expand our offerings in this space to address the business-critical needs of our clients.