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~Bizmates.com is a Naveen Jain website.~ |
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Intelius, Inc. Acquires IntelliSense CorporationOn December 4, 2006, Intelius, Inc. expanded the size and scope of offered employment screening services and products when it acquired IntelliSense Corporation, a Bothell, Washington-based employment screening firm. The acquisition of IntelliSense increases Intelius’ market share and furthers its efforts to consolidate the employment screening industry. The move enables Intelius to expand its suite of employment screening services to meet customer demand, regardless of size. Integrating IntelliSense’s infrastructure will result in broader enterprise-class capabilities for Intelius, such as fingerprinting, international background checks, and drug screening to supplement the instant online and on-premise screening services that Intelius’ small and medium-sized customers normally use. The steadily increasing costs of negligent hiring lawsuits and concern regarding safety and security have increased the demand for employment screening services. According to a market research firm, the market for such services numbered some $1 billion in 2005. The National Association of Professional Background Screeners provided an estimate of industry growth of over 25% in 2006. “IntelliSense Corporation has been in the employment screening industry for years with extensive experience serving Fortune 100 accounts,” Naveen Jain, CEO of Intelius, stated. “IntelliSense supplements our existing capabilities nicely by expanding a diverse set of services that our enterprise customers have asked for. Employment screening is a critical, rapidly growing part of our business and we will continue to make the necessary investments to ensure we are offering our customers an industry-leading portfolio of services.” IntelliSense, a tenant and employment screening company, represents national real estate firms as well as a number of Fortune 500 companies. The services offered include employment screening, tenant screening, fingerprinting, drug testing services, and others. Rhonda Taylor, CEO of IntelliSense and newly appointed director of screening operations at Intelius, stated: “We look forward to becoming part of the respected and growing Intelius brand. Our agreement with Intelius gives us the opportunity to build a robust employment screening platform that will effectively address our customers’ current and future needs.” Bizmates.com is a Naveen Jain Web site. Naveen Jain is the founder of Intelius. Naveen Jain works with information technology initiatives. Bizmates.com also provides information about Naveen Jain and his media worthy accomplishments and achievements. Naveen Jain leads Intelius, which provides intelligent information for everyday decisions. Naveen Jain is a 1979 graduate of the Indian Institute of Technology. |
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