CBiz Sheds More IT Biz
CBiz (VAR 500 rank: 108) has sold two of its information technology business units, and is talking to another company about selling one of its other IT divisions. CBiz reportedly is selling the three businesses in order to focus on its professional services, including accounting, tax and other financial services, employee benefits management and physician practice management.
Earlier in March, CBiz sold the IT consulting division of its CBiz Technologies unit to InterDyn Socius, a Dublin-based consulting firm with a Brecksville office. It also sold its CBiz Network Solutions unit, which sells IT repair services and phone systems to businesses, to IT services firm Thinsolutions of Lakewood (CEO Mike Fischer, left). No terms of the sales were disclosed.