SMS Management Acquires Aipex

October 6th, 2009

SMS Management & Technology (SMX) today announced the acquisition of Aipex Pty Limited a specialist Systems Integration provider and Australia’s largest certified Tibco partner. Tibco is a leading provider of enterprise analytics software for next generation business intelligence. Aipex will add over $13m in revenue and in excess of $1m NPAT in year 1. There will be an addition of 54 specialist Consultants to its VIC and NSW teams and a new capability in the Markets & Trading / Institutional Banking sector.

In making the announcement, SMS CEO Tom Stianos said, ‘The acquisition of Aipex significantly accelerates the breadth of our Systems Integration services, allowing SMS to better deliver end-to-end projects for our clients’. Commenting on the acquisition, Aipex Director Trevor Townsend said, ‘Becoming part of SMS Management & Technology will give us the opportunity to take the Practice to a new level in terms of the size and complexity of projects we can deliver. It will extend the service proposition that we offer to our clients and it will also open up significant development opportunities for our staff’.

SMS Management & Technology (SMX) is Australia’s leading consulting, technology and systems integration company employing over 1,200 professionals. It helps its clients improve their business performance through the implementation of strategy and the delivery of business and technology projects. Industry expertise spans the financial services, ICT, government, defence, health, utilities, mining, gaming and infrastructure sectors.

www.smsmt.com

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