News
21 Jan 2017

IFS Completes the Acquisition of Mxi Technologies Ltd

IFS, the global enterprise applications company, today announced the completion of its previously communicated acquisition of Mxi Technologies Ltd (“Mxi”).

Mxi has established itself as the leading provider of integrated and intelligent maintenance management software solutions for the global aviation industry. Used bydefense and commercial operators, third-party Maintenance, Repair and Overhaul (MRO) companies, and Original Equipment Manufacturers (OEMs), Mxi’s software, support and services will continue to be offered as a best-of-breed solution, as well as integrated into IFS Applications as an enterprise-wide end-to-end maintenance solution.

Alastair Sorbie, IFS President & CEO, said, “We are pleased to now have concluded the acquisition of Mxi. IFS, in combination with Mxi, solidifies itself as a world leading provider of aviation maintenance software solutions to defense and commercial aviation operators, MROs, and OEMs. We now look forward to working together with the team from Mxi to deliver true business value to our global customers in the Aviation and Defense industry.”

Source : Buyouts Insider / Argosy Group LLC

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