Purchase Enhances Fujitsu Consulting’s Service Offerings; Aligns to North American Growth Strategy through Expanded Footprint in Mid-West
FOR IMMEDIATE RELEASE
Chicago, IL, February 15, 2006 – Fujitsu Consulting today announced that it has acquired the business and capabilities of Greenbrier & Russel (G&R), a privately-held business and technology services firm based in Schaumburg, IL. The addition of G&R will extend Fujitsu’s capabilities in core skill areas such as Oracle and PeopleSoft enterprise resource planning (ERP) suites, business intelligence, Microsoft and Java technologies, and training while expanding its presence in important markets including Chicago, Atlanta, Dallas, Minneapolis, Wisconsin and Phoenix.
“Greenbrier & Russel is well known for its highly qualified and competent professional staff, its superior consulting capabilities, collaborative approach and achievement of client-defined results,” said senior vice president Greg Forlenza of Fujitsu Consulting. “This acquisition is a platform from which Fujitsu can leverage these exceptional people and capabilities across an even broader client base.”
“This is the next logical step in the evolution of our company and will benefit G&R customers and employees,” said Eric Wasowicz, co-CEO of Greenbrier & Russel. “Customers will have increased access to a broader set of services and delivery options and our employees will enjoy the growth potential as part of an international company on the leading edge of technology consulting.”
G&R co-founders Howard Blietz and Eric Wasowicz will remain with Fujitsu Consulting in senior executive roles, providing continued leadership and direction to customer-facing sales and delivery functions. While some integration activities will begin immediately, the majority of G&R’s 425 employees will continue to operate as a business unit within Fujitsu Consulting, with most remaining in their current assignments, providing clients with the assurance of continuity on existing projects.
The financial terms of the acquisition were not disclosed.
Fujitsu Consulting’s growth strategy is focused on enhancing its presence and capabilities in key North American markets and segments, in part, through strategic acquisitions. With the announcement of the G&R transaction, Fujitsu Consulting has now completed four acquisitions over a 15-month period, during which time the company also acquired GIM Risk Management of Montreal, QC, Born Information Services of Minneapolis, MN and Cendera Solutions of Dallas, TX.
Fujitsu is a leading provider of customer-focused IT and communications solutions for the global marketplace. Pace-setting device technologies, highly reliable computing and communications products, and a worldwide corps of systems and services experts uniquely position Fujitsu to deliver comprehensive solutions that open up infinite possibilities for its customers’ success. Headquartered in Tokyo, Fujitsu Limited (TSE:6702) reported consolidated revenues of 4.7 trillion yen (US$44.5 billion) for the fiscal year ended March 31, 2005. For more information, please see: www.fujitsu.com
About Fujitsu Consulting
A trusted provider of management and technology consulting to business and government, Fujitsu Consulting is the North American consulting and services arm of the $44.5-billion Fujitsu group. Fujitsu Consulting integrates the core expertise of the Fujitsu companies and its partners to deliver complete business solutions in the areas of IT governance, information management, legacy systems modernization, application outsourcing and business process outsourcing. Through its full range of consulting, implementation and IT management services and its industry-recognized strategic approach, Macroscope®, Fujitsu Consulting enables clients to build more value into their IT investments and drive their leadership in the marketplace. For more information, please see: us.fujitsu.com
About Greenbrier & Russel
Greenbrier & Russel is a business and technology services firm specializing in business intelligence, enterprise solutions, and advanced technologies. The company also provides program management, change management, and technical training services. Greenbrier & Russel is headquartered in Schaumburg, Illinois, and has branch offices in Milwaukee, Appleton and Madison, Wisconsin, as well as regional offices in Atlanta, Dallas, Minneapolis and Phoenix. www.gr.com