Printer Friendly

FM: Systems Acquires Rifinity to Strengthen Workspace Analytics.

MANews-(C)2009-2019

17 July 2019 - North Carolina, US-based facility management technology provider FM: Systems has acquired Rifiniti, a provider of advanced analytics for workspace optimisation, the company said.

Terms of the transaction were not disclosed.

Rifiniti's data science and machine learning algorithms propel FM: Systems toward its goal of providing clients with key insights that empower them to make critical business decisions based on highly accurate space utilisation trends.

FM: Systems said by leveraging systems already in place, like WIFI and security badging, Rifiniti's analytics solution enables clients to quickly and accurately solve their space utilisation questions.

FM: Systems provides technology that enables facility and real estate teams to identify, plan and deliver the ideal workplace for every employee.

The company's web-based Integrated Workspace Management System software improves management of space, occupancy, renovations, moves, maintenance, property, assets, agile workspaces, employee experience and smart buildings.

Rifinit Inc. provides rich analytics for workplace optimisation. The company's SaaS offering, Optimo, enables customers with AI-powered analytics to optimise their workspace. Optimo, enhanced by Rifiniti's understanding of corporate real estate, provides actionable insights that help executives make confident decisions based on highly accurate analytics.

Country: USA

Sector: IT/Online Services

Target: Rifiniti

Buyer: FM: Systems

Vendor:

Deal size in USD:

Type: Corporate Acquisition

Financing:

Status: Closed

Buyer advisor: , ,

Comment: Terms of the deal were not disclosed

COPYRIGHT 2019 Normans Media Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2019 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:M & A Navigator
Date:Jul 17, 2019
Words:222
Previous Article:High Road Capital Partners Completes Acquisition of Quality Standby Services.
Next Article:FirstLight Fiber Acquires Todd Cable Construction to Expand Fiber Network.
Topics:

Terms of use | Privacy policy | Copyright © 2020 Farlex, Inc. | Feedback | For webmasters