XGS.IT News Articles And Press Releases
XGS.IT acquires Vision One IT Consulting
Cincinnati, OH – January 25, 2007 – XGS.IT today announced that it has signed a definitive agreement
to purchase Vision One IT Consulting, a leading IT managed services company, through a company
stock transfer, which is net of existing cash and debt.
Upon closing, the acquisition will establish XGS.IT’s portfolio of IT managed services and software as
the clear choice for companies seeking to optimize the value that IT brings to business.
“Today, we are combining two market-leading businesses to create one of the most powerful
management portfolio’s in the industry,” said Denny Hollstegge, XGS.IT chief executive officer and
president. ”Together, they will help customers cut their IT costs, speed the delivery of new services
and drive profitable growth at XGS.IT. We expect this important acquisition to deliver significant value
for our customers.”
XGS.IT is an industry leading IT consulting services organization, located in Cincinnati, OH,
specializing in IT procurement, managed services and print management. XGS.IT helps Fortune
1000 companies simplify and streamline IT hardware acquisition and support, and manage the cost
of printing.
Vision One IT Consulting is a leading provider of networking infrastructure services, desktop support
and maintenance services, and enterprise network cabling. Vision One is a certified service provider
on all tier one manufactures platforms including, IBM, Dell and HP, and a certified premier partner for Microsoft and Novell.
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