CH2M HILL Acquires MicroSource; Deal Bolsters CH2M HILL's Communications and IT Solution, Expands MicroSource's Geographic Footprint.ENGLEWOOD, Colo. -- CH2M HILL CH2M HILL is a global provider of engineering, construction, and operations services for corporations, nonprofits, and federal, state, and local governments with regional offices worldwide. , a global engineering, construction and operations firm, today announced that it has acquired Greenwood Greenwood. 1 City (1990 pop. 26,265), Johnson co., central Ind.; settled 1822, inc. as a city 1960. A residential suburb of Indianapolis, Greenwood is in a retail shopping area. Manufactures include motor vehicle parts and metal products. Village, Colo.-based MicroSource, a leading information technology service provider. MicroSource will become part of CH2M HILL's Communications and Information Solutions (C&IS) group which specializes in IT consulting, integration, implementation and operations and maintenance. The combined entity will offer full service IT solutions that span not only small to medium-sized businesses but also large corporations and federal government agencies. "The entrepreneurial spirit of MicroSource's executive team has enabled them to build a solid company that has stood the sorted test of time over the past few years," said Jeff Akers, president, Communications and Information Solutions at CH2M HILL. "They bring a strong technology and customer service ethic eth·ic n. 1. a. A set of principles of right conduct. b. A theory or a system of moral values: "An ethic of service is at war with a craving for gain" that enhances C&IS's total client offering. Our combined organization will bring tremendous talent to the marketplace." CH2M HILL, which was MicroSource's first customer, will enable MicroSource to expand its geographic footprint The amount of geographic space covered by an object. A computer footprint is the desk or floor surface it occupies. A satellite's footprint is the earth area covered by its downlink. See form factor. 1. and add a deeper level of diversification Diversification A risk management technique that mixes a wide variety of investments within a portfolio. It is designed to minimize the impact of any one security on overall portfolio performance. Notes: Diversification is possibly the greatest way to reduce the risk. and redundancy to its offering. Customers will benefit from a more comprehensive service offering that marries best-of-breed technology and services, and creates a platform for ongoing support. In addition, the acquisition allows MicroSource to remain flexible and nimble nim·ble adj. nim·bler, nim·blest 1. Quick, light, or agile in movement or action; deft: nimble fingers. See Synonyms at dexterous. 2. to scale to customer needs. "Our relationship with CH2M HILL began over a decade ago when it became our first customer, and represents a long-standing partnership between two companies with similar cultures and ideals," said Kevin Mungle, president of MicroSource. "While most of our current customer base is regional, we can now expand our geographic footprint and offer a more robust solution with a well-known, trusted brand." CH2M HILL's C&IS group serves network operators and enterprise customers around the world from local municipalities to large multinational corporations
MicroSource is a leading managed services provider of network-based business solutions that allow organizations to fully leverage technology while maintaining focus on their core business. MicroSource manages wide area networks and provides hosted services to over 1,000 customer sites using a private connection. MicroSource works with small to medium-sized companies as well as state and local governments allowing them to lower their IT costs and increase overall productivity. Customers include organizations across various vertical industries such as Adams County Adams County is the name of twelve counties in the United States. Most of them are named either for John Adams, second President of the United States, or for his son, John Quincy Adams, sixth President. School District, Colorado Bank and the City of Englewood. About CH2M HILL CH2M HILL is an employee-owned global firm providing engineering, construction, operations and related technical services to public and private clients in numerous industries. The firm's work is concentrated in the areas of water, energy, environment, transportation, communications, construction and industrial facilities. Headquartered in Denver, CH2M HILL has more than 14,000 employees working in 200 offices worldwide, where respect for the environment is reflected in safe, innovative and environmentally-sound project delivery. For more information about CH2M HILL's Operations and Management services, visit www.ch2mhill.com/comgroup. About MicroSource MicroSource, Inc. provides managed technology services that reduce client's annual technology expenses by up to 30 percent. Headquartered in Greenwood Village, Colorado Greenwood Village is a city in Arapahoe County, Colorado, United States. As of 2005, the city is estimated to have a total population of 12,817.[3] Geography Greenwood Village is located at (39.615888, -104. , MicroSource helps companies of all sizes avoid the purchase and maintenance of today's costly IT capital investments by allowing them to leverage an existing Fortune 500 infrastructure. By offloading the internal IT department's burden of maintaining IT systems, MicroSource helps companies focus on their core business functions. For additional information, visit www.microsource.com. |
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