The company plans to focus on enterprise and e-business application integration for furthering its business. The software outfit was one of the early entrants in ERP implementation business and had developed its own product Maarsman, which was targeted at small and medium enterprises.

The company is in the process of completing the acquisition of two companies, Technical Direct in UK and a company in Belgium through its subsidiary in UK. The UK-based company is into telecom software and the Belgium company into client services.

The acquisition, expected to cost around $6 million, is to be financed through a cash-cum-stock deal (stock of Maars UK subsidiary). The combined turnover of the companies to be acquired and the UK subsidiary will be $10 million and about $4 million of their requirements can be outsourced from India, Varadharajan added.

After the completion of the acquisition Maars would hold 46 per cent in the UK subsidiary. The company launched Maarsman Compact, an ERP product targeted at small industries. The company aims to have 500 installations of the product in a years time. Each installation will cost Rs 2 lakh.