AMS to Buy Synergy Consulting

AMS to Buy Synergy Consulting

By Gail Repsher, Staff Writer


AUG. 8 ? American Management Systems Inc. of Fairfax, Va., will buy the assets of privately held Synergy Consulting Inc. of Sacramento, Calif., in a cash transaction, AMS announced early this month. Terms of the deal were not disclosed.


Synergy, a provider of e-business, information technology and management consulting services to California state and county government agencies, had 1999 revenue of $15.4 million.


AMS said the acquisition supports the expansion of its state and local government business in key markets and expands its e-government activities. AMS, a business and IT consulting firm, had 1999 revenue of $1.24 billion. E-business accounted for 40 percent of the total, an increase of more than 150 percent over 1998.


Acquisitions are a new strategy for AMS, which has made one other purchase in the last five years. In March 1999, the company bought Budget Technology Inc. of Bethesda, Md., which specializes in budgeting systems for state and local governments.


AMS also has struck alliances or partnerships with several firms, including Ariba Inc. of Mountain View, Calif., an e-commerce software provider; Siebel Systems Inc. of San Mateo, Calif., a maker of customer relationship management software; and govWorks Inc. of New York, a developer of e-government services.

Reader Comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

What is your e-mail address?

My e-mail address is:

Do you have a password?

Forgot your password? Click here
close

Trending

  • POWER TRAINING: How to engage your customers

    Don't miss our July 12 Washington Technology Power Training session on Mastering Stakeholder Engagement, where you'll learned the critical skills you need to more fully connect with your customers and win more business. Read More

  • PROJECT 38 PODCAST

    In our latest Project 38 Podcast, editor Nick Wakeman and senior staff writer Ross Wilkers discuss the major news events so far in 2019 and what major trends are on the horizon. Read More

contracts DB

Washington Technology Daily

Sign up for our newsletter.

Terms and Privacy Policy consent

I agree to this site's Privacy Policy.