IDOX plc Announces Acquisition Of FMx Limited For GBP5.6 Million

IDOX plc announced that it has acquired FMx Limited (FMx), a supplier of computer-aided facilities management ('CAFM') software, for a cash consideration of GBP5.6 million. FMx, through its CAFM Explorer product, provides facilities management software solutions to corporate, public and commercial real estate customers in over 30 countries. CAFM Explorer is a comprehensive solution to manage all aspects of an operational facility including building management, maintenance, asset tracking and cost control. FMx is based in Crawley, UK where it employs 24 staff.