IT company SHI acquires Tampa software firm

Somerset’s SHI International Corp., one of North America’s 10 largest IT solutions providers, has acquired Tampa, Florida-based eTelligent Solutions Inc.

ETelligent, a cloud-based platform known as ESI, promises to add to SHI’s offering of asset lifecycle services, from requisition through to decommission.

“This acquisition will be seamless, and builds on our world-class asset management capabilities,” said Thai Lee, CEO and president of SHI International. “Asset management is a critical business need that supports security, effective data management and compliance. Knowing which technology supports your overall strategy, reduces costs and improves productivity drives business decisions every day. Given our long-term relationship with ESI, our customers can expect the same high-level of service.”

SHI and ESI have been strategic partners for four years before the formal merger. As part of the acquisition, the entire ESI organization and all its assets are moving into the new eTelligent division of SHI, which will work to quickly expand the base technology.

ETelligent’s technology asset management, or TAM, platform has allowed customers to record, track, manage and optimize their hardware and software/licenses through the complete lifecycle of the asset and beyond.

“Every organization needs to balance the growing security and compliance risks with the many opportunities offered by today’s cloud-based technology,” said Neil Frodsham, SHI’s global director of ITAM services. “The ESI platform is designed to provide easy management and world-class analytics that address the full range of technology procurement, deployment and asset management issues. The integration of ESI technology with SHI’s unsurpassed hardware and software license expertise fortifies our companies’ shared mission: to deliver exceptional value and experience as we help customers select, deploy and manage technology.”

Financial terms were not disclosed.