Provider of health IT outsourcing and management security systems Bluegate Corp. has acquired Houston-based Trilliant Corporation. Simultaneously, the company has named William Koehler as president and COO of the combined companies. Koehler was previously Trilliant president but also a member of Bluegate's board.
Of the acquisition, the Bluegate stated that it is intended as a strategic move to make for a strong competitor in the technology management industry. Trilliant's business consists of professional services providing assessment, design, vendor selection, procurement and project management for large technology initiatives. The business is capable of providing any or all of these services for voice and/or data networks, data centers and business applications. Its services are offered to public and private sector entities and are specialized for healthcare-integration applications.
The acquisition should improve Bluegate's bottom line, with Trilliant expecting approximately $1.3 million of gross revenue in the next 12 months and with the consolidation of the two organizations' back-office functions, the companies said.
"We believe that this is an ideal fit," said Manfred Sternberg, CEO of Bluegate, in a release. "As Bluegate adds services and products to its suite of offerings and secures large-scale projects with medical facilities and their physicians, Trilliant will provide the project leadership to steward those engagements to success. Trilliant's experience at technology procurement also will tend to assure that Bluegate purchases of the bandwidth, hardware and software it offers to its customers will be at the best rates and that the vendors providing that equipment and those services are properly contracted to perform the work."
No staff terminations are anticipated due to the acquisition.