Vision Solutions Bought for $62 Million

Idion Technology Holdings in South Africa has acquired Irvine-based Vision Solutions Inc. for $62.5 million in cash, the companies said.

Privately held Vision, which specializes in providing backup computer management systems for mid-level IBM systems, will continue to be based in Irvine, employing 150 to 200 workers. No layoffs are expected, said Judi Uttal, a Vision vice president.

The companies began merger discussions after working together on a joint computer project for three years.

Nicolaas Vlok, Idion’s chief executive, will head the combined company, and Phillip McDonald will remain chairman.

Chris Turner, Vision’s founder, will become chief financial officer and interim president. Vision’s David Peterson will remain as vice president of finance.