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.
Deeper Dive: News & Info About This Topic
- The Business Journal: California Business Machines Acquisition
- Fresno Bee: Local News
- The Business Journal: Best of Central Valley Awards
- Google Search: California Business Machines
- Wikipedia: Acquisition
Author: STAFF HERE CORONADO
The Coronado Staff Writer represents the experienced team at HERECoronado.com, your go-to source for actionable local news and information in Coronado, San Diego County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the Coronado Island Film Festival, productions at Lamb’s Players Theatre, community workshops at John D. Spreckels Center, and iconic celebrations at Hotel del Coronado. Our coverage extends to key organizations like the Coronado Chamber of Commerce and Visit Coronado, plus leading businesses in hospitality, dining, and tourism that drive the local economy. As part of the broader HERE network, including HERESanDiego.com, HEREHuntingtonBeach.com, HERELongBeach.com, and HERELosAngeles.com, we provide comprehensive, credible insights into Southern California's dynamic landscape.
