Carlsbad Technology Giant Optimal Integrated Solutions Acquires Vortex Data Systems' Network Integration Division.CARLSBAD, Calif.--(BUSINESS WIRE)--Dec. 8, 1997--Premier network integration company, Optimal Integrated Solutions, Monday announced it has acquired Vortex Data Systems' network systems integration department. Vortex was one of the oldest and largest network integration service companies in San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. with integration sales totaling more than $7,000,000 in fiscal 1997. Approximately fifteen Vortex employees have joined the Optimal team, including eight network engineers and three sales representatives. This acquisition allows Optimal to expand its services and customer-base throughout San Diego County and to increase its workforce to more than 100 full-time employees, with 60 full-time network engineers. Optimal's annual revenues for calendar 1997 will be approximately $22 million and are anticipated to grow to $45 million in 1998. Optimal is currently ranked as the 17th fastest growing private company with headquarters in San Diego County and has achieved 500 percent revenue growth since 1995. "We are pleased to welcome Vortex's employees to the Optimal family," stated Eric P. Campbell, executive vice president of corporate development for Optimal. "We are very excited to bring in additional technical resources and to begin offering enhanced enterprise network services to Vortex customers. This acquisition will enable Optimal to continue its explosive growth." "Optimal's acquisition not only represents a synergistic synergistic /syn·er·gis·tic/ (sin?er-jis´tik) 1. acting together. 2. enhancing the effect of another force or agent. syn·er·gis·tic adj. 1. opportunity and seamless transition for both our employees and customers, but also offers significant additional external resources for our existing customers with an increased breadth of technical capabilities which will enable Optimal to respond proactively to both anticipated and emergency-related network situations," echoed Paul Christiansen, Vortex's president and chief executive officer. Optimal Integrated Solutions is a single-source provider of leading-edge computer technology services for the health care, manufacturing and financial industries, and is partnered with many of the industry's key technological corporations such as Microsoft, Novell, Cisco, HP, Data General, Lotus and Compaq, among others. Optimal seeks to form long-term Long-term Three or more years. In the context of accounting, more than 1 year. long-term 1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term. , customer-oriented partnerships with its clients, and assist in designing and maintaining a network and connectivity infrastructure capable of delivering high availability Also called "RAS" (reliability, availability, serviceability) or "fault resilient," it refers to a multiprocessing system that can quickly recover from a failure. There may be a minute or two of downtime while one system switches over to another, but processing will continue. access to mission critical applications and information. With Optimal's assistance, its enterprise clients are able to make real-time 1. real-time - Describes an application which requires a program to respond to stimuli within some small upper limit of response time (typically milli- or microseconds). Process control at a chemical plant is the classic example. business decisions to meet current and future business requirements on a cost-effective basis. Optimal has headquarters in Carlsbad, Calif. with an office in Irvine, Calif. and is in the process of opening an additional office in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. . Optimal plans to open offices in Phoenix, San Jose San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif. and Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. in 1998. This is the first of several acquisitions Optimal is considering in the coming months as it seeks to expand its Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, enterprise network integration practice. Optimal anticipates closing a $3.5 million Series A Preferred financing with venture investors in December and registering its initial public offering within the next 12-18 months. CONTACT: Optimal Integrated Solutions Holly Codd, 760/431-6858 hcodd@optimal.net |
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