Today we are announcing that New Paradigm has been acquired by the Texas-based company BSG Alliance.

I had no plans to sell the company as it has been growing very fast over the last 4 years and expanding in influence. (the success of Wikinomics reflecting that…) But they made a very strong proposal to me, and one that would also free me from operational responsibilities as CEO to do more of what I love. I will continue on as Chairman of the company and continue to provide thought leadership.

BSG earlier this year purchased the Concours group — a New Paradigm client that does research and holds high-end events with leading thinkers from around the world. BSG is also making other acquisitions to forge a global capability for business model innovation and design. Our goal is to create a business innovation powerhouse that can better help companies achieve competitive advantage, grow and profit. It will mean that New Paradigm will be bigger, stronger, more global and able to become more deeply involved in implementing next generation enterprises.

And keep an eye on BSG Alliance. This company is going to change the world.