Press Release, Feburary 4, 2008 — Accruent, the leading provider of Real Estate Performance Management (RPM) solutions, announced today that it has completed an all-cash acquisition of FAMIS Software, Inc., based in Irvine, CA, a leading developer of Integrated Workplace Management Systems (IWMS). Combined these companies will deliver the most comprehensive solution in today’s market, spanning the entire real estate and facilities management lifecycle from market planning to administration and operational management.
Together, Accruent and FAMIS enjoy a clear leadership position with more than 400 active customers ranging from retail and corporate users to universities and public sector entities. The new combination offers best-in-class functionality in every product category as well as domain and industry expertise that is unrivalled, making Accruent the partner of choice for real estate and facilities organizations.
As Real Estate Management evolves as a core enterprise application, more businesses rtoday are implementing RPM solutions in order to drive optimized value from their real estate portfolios.
Groundbreaking Real Estate Lifecycle: Trends and Analysis Survey released at 2008 National Retail Federation Big Show Identifies Best Practices and Trends in Industry
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