InterVision Systems, a Cisco Systems partner backed by private equity firm Huron Capital, has acquired SeyVu, a Folsom, California-based consulting company focused on advanced analytics, artificial intelligence and machine learning solutions. Terms of the deal were not disclosed.
SeyVu, founded in 2016, has completed AI and machine learning implementations that involve fraud prevention, voice of customer, voice enabled platforms, supply chain services and more.
Aaron Stone, president and CEO of InterVision, commented on the news:
“Artificial intelligence and machine learning are fast-growing technologies, disrupting industries as we know them today. Our clients need to quickly transform their data into actionable solutions and accelerate their digital transformation journey to stay competitive. SeyVu has the methodology and experience to help our clients shift from being retrospective and reactive in analysis of data to being predictive, prescriptive and proactive.”
Added Harsha Gopianandan, CEO and founder of SeyVu:
“SeyVu is committed to implementing deep analytics, AI and data science applications across industries ranging from high-tech, consumer, manufacturing, education and government. Joining forces with InterVision opens new opportunities to work on leading-edge projects to help clients improve business outcomes in this exciting time for the IT industry.”
Jamie Lee, InterVision chief revenue officer, concluded:
“The world of AI/ML is a fast-growing and massive new market that is strategically important to InterVision and its clients. Organizations are looking to embed more intelligence into their existing enterprise applications and service offerings. Adding SeyVu’s artificial intelligence and machine learning capabilities provides immediate value to InterVision clients and is pivotal to maintaining our leadership position in cloud services.”
InterVision: Cisco Partnership and Private Equity Backing
InterVision has been partnered with Cisco Systems since 1997. The company is focused on Cisco’s Cloud and Managed Services Master designations, as well as maintaining Gold Partner status for the past decade.
Huron Capital, a private equity firm, invested in InterVision in 2016. InterVision has made multiple acquisitions since that time. Example deals include:
- September 2018: InterVision acquired Infiniti in September 2018. That deal bolstered the firm’s cloud services offerings and now it has one of the deepest benches of AWS and Azure cloud architects and technical specialists in the United States. SeyVu’s AI/ML expertise complements InterVision’s cloud services practice, the company said.
- March 2018: InterVision acquired Disaster Recovery as a Service (DRaaS) and Infrastructure as a Service (IaaS) specialist Bluelock.
- December 2017: InterVision acquired Independent Technology Group (ITG), an integrator of networking, storage and security solutions based in Westlake Village, California. ITG serves clients locally to internationally, from small businesses to Fortune 100 companies across a broad variety of vertical markets, InterVision indicated at the time.
- June 2017: InterVision merged with Netelligent Corp., a provider of Hybrid IT solutions.