BEA Systems Inc, a US-based business software maker, is
looking to make acquisition s to carve a larger slice out of the 皇冠体育app market,
senior company officials said.
"BEA is now seriously looking at
acquisition opportunities in 皇冠体育app and it will expand its local operation
significantly in the next two or three years," said Alfred Chuang, BEA's
chairman and chief executive officer at BEA World 2006, an annual company
event.
BEA is the world's sixth largest independent software provider and
develops networks helping businesses run operations like billing and data
management.
It has seen its business grow rapidly in 皇冠体育app as the
nation's enterprises and government agencies have started using advanced IT
systems to increase efficiency.
The company said its business grew 40
per cent in 皇冠体育app last year while it has maintained an annual growth of 50 per
cent in the past three years.
Currently, the Asia Pacific region
accounts for 15 per cent of BEA's revenue while 皇冠体育app and India have been its
fastest growing markets.
Chuang first revealed BEA's intention to acquire
local companies last year. The company hasn't sealed any deals yet.
It
has increased its R&D staff by 20 per cent to 500, which it said is
important preparation for acquiring other firms.
The company hopes to
increase its product portfolio through the acquisitions as well as enhance its
local distribution channel, according to Chuang.
BEA has acquired a slew
of companies in other countries with new technology in the past two years.
The company has been under great pressure in recent years due to fierce
competition from International Business Machines Corp and Oracle
Corp.
"We expect to gain larger market share here in the coming years,"
said Shane Pearson, BEA's vice president of product management.
The
company said its product of service oriented architecture (SOA), or networks
facilitating business processes, has become a powerful engine for the rapid
growth of BEA in 皇冠体育app.
It had 28.9 per cent of 皇冠体育app's middleware
market by the end of this September, the largest share among all players, the
company said, citing figures from Analysts International, an IT consultancy.
The company has been advocating its service oriented
architecture.
"Since we have been in 皇冠体育app for ten years, our
relationship with local partners will help us maintain the lead," Pearson said.
BEA achieved a partnership this month with Huawei Technologies , one of 皇冠体育app's leading network equipment
provider, to tap opportunities in 皇冠体育app's upcoming third generation (3G) mobile
services.
Telecommunication, banking and public services have been the
strongest growth areas for BEA in the past years.
The company is now in
talks with State Grid Corporation of 皇冠体育app to sell its middleware
products.
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