Dedicated Computing acquires Tushaus Computer Services
Jun 22, 2011 (Milwaukee Journal Sentinel - McClatchy-Tribune Information Services via COMTEX) --
Dedicated Computing Inc. has acquired Tushaus Computer Services LLC for an undisclosed amount, the companies said Tuesday.
Based in Waukesha, Dedicated designs computer systems for use in military vehicles, flight simulation equipment, CT scanning machines and other products.
The acquisition will allow Dedicated to deploy software and services through Tushaus' cloud hosting centers and other services, said Don Schlidt, Dedicated's chief executive officer.
"Cloud" computing essentially means storing and using data and programs online.
"Dedicated has traditionally been thought of as a hardware provider. Through this acquisition, it's adding software and services capabilities," Schlidt said.
The acquisition will expand the scope of what Dedicated can offer to customers and give Tushaus access to industrial/security, military and health care markets, said Jay Bayne, a member of Dedicated's board of directors.
Also, combining Dedicated's technical capabilities with Tushaus' cloud-based hosting services will be a "differentiator," Bayne said.
"This creates a capability that is unique in Dedicated's marketplace," he said.
Schlidt will be CEO of the combined company. Tushaus will continue to operate as Tushaus Computer Services and will retain all of its current employees and locations, Schlidt said.
Dedicated has 210 employees and Tushaus has 140 employees, he said.
Gregg Tushaus, who founded Wauwatosa-based Tushaus, will be the company's chief technology officer. He also will continue to be vice president of information services at the Medical College of Wisconsin, a spokeswoman for the school said.
Mason Wells, a Milwaukee private equity firm, in 2006 took a majority stake in Dedicated. Schlidt, a Milwaukee native, moved back to Wisconsin from Denver in 2008 to run the company. He previously headed Arrow Electronics' electronic component design and distribution business. Schlidt declined to provide Dedicated's revenue but told the Journal Sentinel in 2009 it was more than $100 million.
Tushaus started his company in 1993 with about $100,000 of start-up capital. By 2010, it had grown to about $30 million in sales.
"We're looking forward to leveraging each others' skills, resources and people," Tushaus said. "We're going to continue doing what we're doing and do it better."
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