IFS, the global enterprise applications company, has todaysigned an agreement with the owners of Mxi Technologies Ltd (‘Mxi’) to acquire the company.
Mxi is the leading provider of integrated and intelligent maintenance management software solutions for the global aviation industry. Mxi servesdefense 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 organization with more than 265 employees. Mxi’s Maintenix software suite is uniquely designed to help aviation organizations maximize 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 organizations to the largest global aviation enterprises, many of whom have multi-site deployments that scale toseveral 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 airforces.
Alastair Sorbie, IFS President & CEO, said, “With the acquisition of Mxi, IFS becomes a world leading provider of aviation maintenance software solutions to defense andcommercial aviation operators, MROs, and OEMs.
We will continue to invest in and market both the Maintenix and IFS Applications solutions for customers who want a point solution, but we also believe that an end-to-end integrated solution will be attractive to many companies in the sector. The deep aviation maintenance expertise of Mxi combined with IFS uniquely positions us to help new and existing customers achieve operational excellence.