LOS ANGELES — Xytech (www.xytechsystems.com), the developer of facility management software, has announced an agreement to acquire ScheduAll, a subsidiary of Net Insight. This acquisition provides Xytech the ability to afford customers, and the marketplace as a whole, an end-to-end resource management system with scalability and configurability in a cloud-enabled platform. Xytech will continue to support the ScheduAll application and all ScheduAll clients. Xytech also offers MediaPulse facility management software and the MediaPulse Managed Cloud.
“By combining two of the strongest companies in the resource optimization industry, we massively improve scale and will be able to offer even better solutions to both existing and new customers,” explains Richard Gallagher, CEO of Xytech. “ScheduALL is very well respected by some of the world’s leading media houses and I look forward to working with their strong team to continue to support their existing customer base. I also see great value in the constructive future partnership with Net Insight.”
“With this transaction, we reach an important milestone in our journey towards a more focused and stronger Net Insight, where we accelerate growth in our core Media Network’s business,” adds Crister Fritzson, CEO of Net Insight. “ScheduAll has been a valuable part of the Net Insight portfolio, and I would like to thank all ScheduAll employees for their contribution over the years. We believe Xytech is the best future owner of the business and look forward to partnering with them to continue to serve shared customers across the media industry.”
Customers of both Xytech’s MediaPulse and ScheduALL will experience no service interruptions. This acquisition will allow Xytech to tap into ScheduAll’s experience in the transmission market, while providing ScheduAll customers with the benefits of the MediaPulse platform.