Core Integration Partners, Inc., a leading provider of services and training in the business intelligence and data integration market segment, announced that it has been acquired by Visionary Integration Professionals, LLC, (VIP) of Folsom, California.
This acquisition comes after VIP hired DecisionPoint International, a boutique investment bank, to conduct diligent research and screening discussions of 168 companies. Although terms of the deal were not disclosed, with Core's current revenue of $12 million and a staff of more than 50 employees, the acquisition will bring VIP's 2006 projected results to nearly $60 million and a staff base of 300.
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