IFS ACQUIRES MXI TECHNOLOGIES LTD O
n 13th December, IFS signed an agreement with the owners of Mxi Technologies Ltd (“Mxi”) to acquire the company.
Mxi is the leading provider of integrat-
ed and intelligent maintenance manage- ment software solutions for the global avi- ation industry. Mxi serves defence and commercial operators, third-party Maintenance, Repair and Overhaul (MRO) companies, and Original Equipment Manufacturers (OEMs) with software, support and services. Headquartered in Ottawa, Canada, Mxi is a global organisation with more than 265 employees. Mxi’s Maintenix software suite is
uniquely designed to help aviation organi- sations maximise the revenue potential of their aviation assets through standard, lean, and predictive maintenance. Mxi’s global footprint of customers ranges from emerging and mid-sized organisations to the largest global aviation enterprises, many of whom have multi-site deploy- ments that scale to several thousand users. The company’s blue chip customer base includes Southwest Airlines, Air France, KLM, Qantas, China Airlines, LATAM, Icelandair, NetJets, Boeing, BAE Systems, Saab, Pratt & Whitney, and several of the world’s air forces. Alastair Sorbie, IFS President & CEO, said, “With the acquisition of Mxi, IFS
becomes a world leading provider of avia- tion maintenance software solutions to defence and commercial aviation opera- tors, MROs and OEMs. We will continue to invest in and market both the Maintenix and IFS Applications solutions for cus- tomers who want a point solution, but we also believe that an end-to-end integrated solution will be attractive to many compa- nies in the sector. The deep aviation main- tenance expertise of Mxi combined with IFS uniquely positions us to help new and existing customers achieve operational excel- lence. This acquisition is in line with IFS’s growth strategy and ambition to become the world’s leading provider of enterprise appli- cations to global customers in asset, service and product-centric verticals.” Diogenis Papiomytis, Director of
Aerospace & Defence at industry analyst Frost & Sullivan, commented, “The acqui-
ABOUT MXI TECHNOLOGIES
Headquartered in Ottawa, Canada with US headquarters in Dallas, TX, Mxi Technologies is a leading provider of integrated and intelligent maintenance man- agement software, support and services catering specifically to the global aviation industry, including commercial and defence operators, third-party MROs and OEM aftermarket service providers. Mxi Technologies’ suite of Maintenix software is uniquely designed to help aviation organisations maximise the revenue potential of their aviation assets through standard, lean and predictable maintenance. Mxi’s global footprint of customers range from emerging, small to mid-sized organisa- tions to the largest global enterprises, with single to multi-site deployments that scale as high as 6,000 users in a single instance.
mxi.com
sition of Mxi Technologies by IFS makes strong commercial sense, as the two com- panies have complementary capabilities and products targeting commercial and military aviation organisations.” Papiomytis added, “The global scale of
IFS operations, as well as its innovative culture, extensive business development, and R&D resources will allow Mxi to grow its business and implement large scale projects without compromising on customer service or product development timeframes. Furthermore, the Maintenix product and Mxi’s growing aviation and defence customer base will add substantial value to the IFS product portfolio and assist in expanding its reach beyond the already strong IFS aviation & defence cre- dentials.” The acquisition was closed in January
2017. n
IFS WORLD 9
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