Acquisition Expands Optimal Solutions' Business Analytics Services

Terms of the acquisition, which closed Dec. 31, were not disclosed.

"It's a very natural fit," said Optimal Solutions' president Sam Sliman in an interview this week. Glenture "is one of the top business planning and consolidation specialists in the country."

Irving, Tex.-based Optimal Solutions is a gold-level SAP partner that offers a range of implementation and consulting services built around SAP's Business All-in-One ERP applications and BusinessObjects business analytics software. The company has annual sales in the range of $120 million to $125 million, Sliman said, and more than 850 employees.

Glenture's expertise is specifically with SAP's BusinessObjects Planning & Consolidation applications that are used for analyzing a company's financial performance. "Analytics is just on fire right now," Sliman said. "It's a major market opportunity."

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The acquisition creates cross-sell and up-sell potential with the company's current customers, according to Sliman. A major opportunity is integrating BPC and analytical applications with back-end operational SAP applications.

Optimal Solutions will maintain Glenture's Illinois operations: The Texas solution provider had been considering opening a Chicago office and Sliman said the Glenture office fills that need.

Glenture also provides Microsoft-based business intelligence solutions and Optimal Solutions will continue to offer those under the Glenture brand, operating as an independent business unit