Thursday, April 28, 2005

Computer Economics: our new acquisition

My business partner, Dan Husiak, and I are now the proud owners of Computer Economics, a 27 year old IT research and advisory firm. The deal closed on April 1, 2005.

As some of you know, I have been a contributing research analyst for Computer Economics for over two years. Through that relationship, Dan and I got to know a bit about the firm. So, when the opportunity presented itself for us to acquire it, we jumped at it.

Who is Computer Economics? Its research and advisory services are focused on the strategic and financial management of information systems. The firm is best known for its annual Information Systems Spending and Technology Trends report, a 700 page study published annually since 1990 that is the definitive source of IT spending, staffing, and related benchmarks across multiple industries and government sectors. It is also well-known for its IT Security Study, and its report on The Impact of Malicious Code, which has been referenced in such publications as The Wall Street Journal. The firm also maintains extensive data on current pricing and forecasted residual values for computer hardware as well as fair market values for used equipment.

Since 1978, Computer Economics has published one of the longest running journals in IT, the Computer Economics Report, which is a recap of some of its best research each month. Computer Economics clients include several of the major consulting firms, as well as a number of large and mid-size corporations and governmental organizations.

Dan and I are excited about this new opportunity, and we believe that Computer Economics is a great complement to our management consulting business at Strativa. We look forward to working with the staff of Computer Economics and continuing and strengthening its proud tradition.

If you'd like to know more about the acquisition, read the press release on the Computer Economics web site.

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