Bangkok based IT and Management Consulting company Vision House has reached an agreement with Rainbow Time - held by a trust in the well-known Swedish Wallenberg finance family - to purchase a 45 percent stake in Vision House.

Their acquisition enables Vision House to expand its scope of services and has also made possible the move to a new purpose built office that will better serve Vision House and its customers.

“We are proud and happy to receive the support of such a prestigious investor and are eager to prove that Rainbow Time has made a good choice of partner,” says Mr. Hakan Alm, Managing Director Vision House.

Vision House’ new partner Rainbow Time is also a shareholder in the Thai business portal eThailand and Vision House will use the portal as an important branding and marketing channel.

Intra-, inter- and extranet solutions and multimedia productions are among the areas expanded in Vision House’ present range of services, that also comprise organizational and management consulting on the ‘soft’ people side.

“Vision House now have over 20 IT experts and the best professionals Thailand has to offer. This makes us a more complete IT solutions provider,” continues Mr. Alm.

The short-time goal for Vision House is to build up a stable Thai customer base in the new business areas and secure revenue streams there, while at a later stage export Internet and multimedia solutions overseas.

“Vision House has a wide network of business contacts and partners in Thailand as well as in Sweden and the Nordic countries. We are very customer-oriented in our approach and used to listen in and understand what the buyer wants and expects from us. And we have strong in-house management and marketing competence which assures controlled growth, thus avoiding the traps so many dotcoms fell in during the last few years.”

Vision House began operations year 2000. Two examples of larger projects we have undertaken are the airline SAS, that we provide with ongoing IT support in the Asia Pacific and Jotun Paint where we analyzed work processes and provided IT support during 2000.

For more information, please contact

Mr. Hakan Alm, Managing Director, Vision House Limited
Tel 02 651 3624
Fax 02 256 0102
Mobile 01 811 8128
Email hakanalm@visionhouse.co.th

or

Mr. Christer Nilsson
Media Partner Co Ltd
Tel 02 943 7225 # 1 or 2
Fax 02 943 7225 # 0
Mobile 01 833 2806
Email christernilsson@visionhouse.co.th or christer@clickta.com