| VIP Acquires Meridian Knowledge Solutions, Inc.
Published by the Sacramento Business Journal – November 3, 2006
Visionary Integration Professionals, a national technology solution provider, based in Folsom, has acquired Virginia-based Meridian Knowledge Solutions, Inc., a provider of knowledge Management and e-learning solutions. Jonna Ward, Chief Executive Officer of VIP, had seen a repeated demand from clients for integrated solutions that bring analytics, data and human capital management together. VIP now has the expanded capabilities to offer its clients Meridian 's flagship product, the Meridian KSI Knowledge Centre, an LMS suite that integrates learning content management, knowledge management, and competency modeling functionality. Meridian will operate as a wholly owned subsidiary of VIP. Paul Summerville continues to manage Meridian within the VIP enterprise. Although terms of the deal were not disclosed, the acquisition will bring VIP's staff base to more than 500 professionals with 2007 projected revenue of close to $100 million. Visit www.vipconsulting.com.
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About VIP
Established in 1996, Visionary Integration Professionals (VIP) is a global technology and outsourcing firm that has provided solutions to over 900 clients in multiple industries as well as federal, state and local government. VIP helps companies challenge boundaries and uncover new possibilities to increase productivity, maximize revenue, improve performance, mitigate risk, and reduce costs. With nearly 1,000 staff companywide, VIP offers expertise in areas of Business Intelligence and Data Warehousing, SAP Integration and Consulting, Technology Integration and Operations, Talent and Learning Management, Quality Management, and Management Consulting. VIP’s corporate headquarters is located in Folsom, California with offices in Sacramento, Minneapolis, Dallas, Denver, New York City, Alexandria, Houston, and Bangalore, India. More information can be found at www.vipconsulting.com.
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