California Business Machines Joins WiZiX Technology Group

Categories: California Business NewsCalifornia ManufacturingCalifornia News

The merger highlights the integration of advanced office technology solutions.

News Summary

California Business Machines, a key player in office equipment in Fresno, has been acquired by WiZiX Technology Group. This acquisition is part of WiZiX’s strategic expansion plan and highlights their growth within the office technology sector. Teri Brymer will continue leading CBM as a subsidiary, emphasizing a shared commitment to customer service. The merger marks a new chapter for both companies, with expectations for enhanced services and offerings in the future.

California Business Machines Acquired by WiZiX Technology Group

California Business Machines, Inc. (CBM), a long-standing office equipment provider based in Fresno, has been acquired by WiZiX Technology Group, Inc., a rapidly expanding firm located in the Sacramento area. This acquisition, marking the seventh for WiZiX since it commenced operations seven years ago, highlights the company’s aggressive expansion strategy within the office technology sector.

The acquisition reflects the ongoing growth of WiZiX, recognized as one of Sacramento’s Top 50 Fastest Growing Companies. The integration of CBM into WiZiX is part of a strategic plan that has seen the company expand its reach and capabilities through previous acquisitions, including Stanton Office Machines and Toshiba America Business Solutions. WiZiX anticipates closing its eighth acquisition, indicating ongoing growth as it enters its eighth year of business.

Management and Leadership Transition

Under the acquisition agreement, CBM will continue to operate as an independent, wholly owned subsidiary of WiZiX. Teri Brymer, the daughter of the original founders, Ray and Lorraine McNally, has been at the helm of CBM and will maintain her leadership role. Brymer, who has been involved in the family business since her college years at Fresno State in the 1970s, emphasizes the importance of CBM employees and customers, referring to them as family.

Shared Goals and Customer Commitment

The merger is seen as a beneficial move, as both companies share a commitment to customer service, support, and satisfaction. These values have been instrumental in establishing a strong customer base and reputation within the industry. WiZiX’s president and CEO has expressed optimism about the partnership with Brymer, underscoring his connections to Fresno and extensive experience in the office equipment business.

Legacy of California Business Machines

Founded in 1953 on Inyo Street in Downtown Fresno, California Business Machines has built a strong reputation for providing office automation technology along with retail and service solutions. The company has been recognized multiple times, receiving the Best of Central Valley Business Readers’ Choice Award in the category of Best Office Equipment Company on nine occasions. This accolade reflects CBM’s longstanding dedication to quality and excellence within the Central Valley region.

WiZiX Technology Group’s Growth and Revenue Strategy

WiZiX has demonstrated substantial growth, with reports indicating that over 60% of its revenue is attributed to organic growth rather than acquisitions. This statistic underscores the effectiveness of WiZiX’s business model and commitment to building sustainable relationships in the technology sector. The company’s strategy involves not only expanding through acquisitions but also enhancing its existing business practices to support ongoing success.

Conclusion

The acquisition of California Business Machines by WiZiX Technology Group signifies a significant step in the evolution of both companies. As they combine resources and expertise, their shared focus on customer satisfaction and service is anticipated to lead to enhanced offerings for their client base. This development reflects a broader trend in the office technology industry, where consolidation and growth strategies are becoming increasingly commonplace.