IFS acquires Metrix

Source: IFS

May 24, 2012

IFS (www.ifsworld.com) has signed an agreement with the owners of Metrix LLC (www.metrix.com) to purchase 100% of the membership interests. The acquisition will further strengthen IFS’s market position in the global Mobility & Service Management application market.

Metrix has provided service management solutions to industries such as asset and capital equipment, telecommunications, high tech and medical device manufacturing, transportation, and third-party/outsourced field service operations.

"The combination of IFS and Metrix will create a single entity that can handle complex on-site MRO and asset management tasks as well as distributed assets in the field," IFS North America President and CEO Cindy Jaudon said. "This move will also allow us to quickly develop our already advanced mobile solutions even further and faster than would otherwise be the case."

The acquisition provides IFS with a built–in, configurable and packaged mobile application for the field service market. This solution offers short time-to-value and a robust, mobile development framework which will add valuable mobile technology and experience to IFS.

In addition, the acquisition further extends IFS’ existing cloud strategy. Metrix is available through multiple deployment options: On-premise, software-as-a-service (SaaS) or software + services.

Learn more about IFS' acquisition of Metrix

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