Zensar and the management of M3bi announced today that they have entered into a definitive agreement for Zensar to acquire M3bi, a Scottsdale, Arizonabased data engineering and digital engineering firm. Zensar Technologies will acquire the entire share capital of M3bi (M3bi India), and its wholly owned subsidiary, Zensar Technologies Inc., will acquire the entire share capital of M3bi LLC. This acquisition will be completely funded by internal accruals. 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.