San Diego, CA—February 16, 2012
—Technology Integration Group (TIG), a leading global systems integrator, announced the acquisition of certain contracts and other assets of value-added reseller Commercial Data Systems (CDS). With headquarters in Honolulu, CDS is a well-respected provider of information technology, engineering services and IT solutions who found success in serving a mix of U.S. federal, state and local government entities, as well as some small and medium sized businesses. This asset acquisition affords TIG the opportunity to greatly expand the success of its Enterprise Roadmap solutions and Managed Services capabilities. This is the third acquisition in the past year; the others were WAVEnet Technologies Inc. and Integrity Networking Solutions. TIG has 13 acquisitions in their history. Included in the CDS acquisition is the Albuquerque based management team comprised of CDS President Jim Altamirano and Vice President Tammy Byrd. TIG will acquire various CDS assets and will bring aboard other former CDS employees based in Virginia, Pennsylvania, Colorado, California and Hawaii to add to its exceptional portfolio. CDS revenues for the most recent fiscal year were approximately $50 million. The company’s founders, Mark Wong and Guy Merola will be leaving CDS to pursue other interests.
“I am excited about the TIG acquisition of CDS” said Jim Altamirano former President of CDS. “By joining TIG, we will have the ability to offer our customers the highest level of technology solutions and a wider array of IT products and services”.
“This acquisition will help TIG expand in our existing markets with the addition of the CDS talent we bring aboard” said Bruce Geier, TIG President/CEO. “The CDS team has a solid reputation for service and advanced engineering. We look forward to combining forces and bringing these enhanced capabilities to bear for our clients.”
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