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  ASM's Singaporean Subsidiary to Acquire ESR  
 
  ASM Technologies, an Indian IT services company, has agreed to acquire Enterprise Software Resources (ESR), a US-based ERP implementation services provider, through its wholly owned Singaporean subsidiary, Advanced Synergic, for an undisclosed amount in an all-cash deal. Indian Bank, Singapore, has financed the acquisition of ESR.
   
  ESR has been offering enterprise applications to multinationals and Fortune 500 companies for the past 10 years. Its clientele includes Owens Corning, National Gypsum, Atrium Windows, AGA Gas, DTE Energy, Therma Tru, Pacific Coast, Owens Illinois, and Vera Bradley.