IFS acquires the company MainIoT Software OY – EXAME.com

IFS, a global enterprise management software, announced on March 1 that it has signed an agreement with the owners of MainIoT Software Oy and bought 100% of the company’s shares. The amount will be paid in cash.

MainIoT offers management software business assets (EAM) management and business service (ESM) and master data management solutions related to energy operations, processes, manufacturing and industries services.

Now, as part of the IFS, the customer base of over 200 companies from MainIoT, including renowned companies such as SSAB, Caverion, Neste, Gasum, Empower and Maintpartners, will benefit from access to IFS solutions that have a focus on proven industry as well as the strength of a global supplier of business management software recognized by independent analysts as “leader” in the industry.

Fredrik vom Hofe, senior vice president of business development group, said: “with the acquisition of MainIoT, IFS demonstrates that follows as stated in its growth strategy the MainIoT is well positioned within our segments Enterprise Asset and Service Management and both strengthen our offer. and help us to consolidate the essential Finnish market. In addition, IFS will be able to leverage the capabilities of MainIoT Internet of Things for Industry. – An area where we work actively in the development of our offers “

MainIoT previously was an integral division of Solteq Oyj with employees to work in two Finnish offices in Helsinki and Tampere. the company generated 5 million euros in revenue and had an EBITDA margin of 25% (FY 2015).

Tapani Pohjonen, CEO of IFS Finland he said: “The IFS has been very successful in the Finnish market Management Enterprise Asset & amp; Enterprise Service Management. Through this acquisition, we strengthen even more our business in these target markets and strengthened our team with highly qualified professionals who will help us leverage the service we offer to customers of IFS and MainIoT. We warmly welcome our new colleagues and customers to IFS “

The IFS expects a positive impact on the results after the acquisition in 2016. The information in this document has been provided as the Financial Instruments Act (1991: 980). And / or the Securities Markets Act (2007: 528). and sent for publication on March 1, 2016, at 8:01 a.m. CET

the IFS is a private company (XSTO: IFS) founded in 1983 and currently with 2,800 employees and supports more than 1 million users worldwide
Website:. http://www.ifsworld.com/br/

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