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 by defense 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.”
Led by Glilot Capital Partners and Ten Eleven Ventures, Bloom Security introduces endpoint security purpose-built…
Israeli semiconductor company Xsight Labs has closed a funding round of more than $300 million,…
Qedma’s quantum error reduction software, running on IBM quantum computers and tested against RIKEN and…
Israeli startup Modus has emerged from stealth with a $10 million seed round led by…
Series C funding led by One Peak brings total investment in the company to $160…
Industry-leading product line card increased by more than 373,000 products last quarter THIEF RIVER FALLS,…