iXP finishes acquisition of Schema Systems
iXP Corp. has completed the acquisition of Schema Systems Inc., the company announced. The exact terms of the cash and stock deal were not disclosed.
iXP Corp., a provider of systems integration services to public safety organizations, has completed the acquisition of Schema Systems Inc., the company announced Aug. 12. The exact terms of the cash and stock deal were not disclosed.
Both iXP of Princeton, N.J., and Schema of Los Angeles serve clients whose emergency communications are critical to their missions.
Richard Dale, iXP's chief executive officer, said the cultures of the two companies are almost identical, and that the acquisition would allow iXP to offer clients a stronger, more complete public safety solution.
The deal will combine Schema's skills and solutions in emergency communications computerization, engineering services and facilities with iXP's skills and solutions in network availability and security, said Glenn Marin, Schema's president.
The union of iXP-Schema will yield an end-to-end system integration solution for any size organization, they said.
iXP's clients are organizations in the public and private safety, justice and security markets. The company also provides services to higher education institutions and utilities.
Among iXP's clients are Harvard University, the University of Pennsylvania, the Constellation Energy Group and New York City the fire and police departments.
Schema's clients include the cities of Boston and San Francisco, the Honolulu Police Department and a number of smaller entities.
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