Vision Solutions Buys Minnesota Tech Firm

Vision Solutions Inc., a rapidly growing software company, expanded its presence in the data market Wednesday when it acquired a Minnesota technology firm, ExecuSoft Systems.

Both companies are privately held, and officials declined to discuss specifics of the deal.

Vision makes software used by corporations to back up and protect important data. ExecuSoft, located near Minneapolis, creates a companion software element that allows people to manipulate large chunks of information.

Last March, Vision announced its intention to sell a 26% stake in the company, or 2.3 million shares of common stock, for about $11 per share. The Irvine company, which has 110 employees, has not set a date for the stock sale.