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Thursday, March 28, 2024
YOU ARE AT:NewsAVI Systems acquires Magenium Solutions

AVI Systems acquires Magenium Solutions

With its acquisition of the Chicago-based IT services firm, Magenium Solutions, AVI Systems adds to its visual communications technology expertise in areas ranging from Unified Communications to Enterprise Systems Management.

Eden Prairie, Minn. – AVI Systems announced today that it has acquired Magenium Solutions, a Chicago-based technology services provider that brings vast expertise in Microsoft competencies to hundreds of companies nationwide.

Magenium Solutions: Now “Powered By AVI”

Microsoft has an undisputable influence on how people meet, whether in meeting rooms, or by using applications such as Skype from their mobile devices or computers. “Magenium uniquely complements and enhances our visual communications offerings with their Microsoft prowess. The acquisition will be immediately accretive across our North American business,” said Jeff Stoebner, CEO of AVI Systems.
 
Commenting on Magenium’s future as a company “Powered By AVI,” Tim Traxinger, Managing Director and Co-Founder of Magenium Solutions, said, “This is a union of kindred companies. As a 100 percent ESOP organization, AVI provides fertile ground for its employees to prosper. AVI has a stellar reputation as a client-centric leader in this kinetic business landscape.”
Magenium Solutions will continue operating from its headquarters in Glen Ellyn, Illinois, a suburb of Chicago. The company will retain all employees. AVI will grow its technical team by almost 50 professionals focused on bringing Microsoft solutions to a rapidly growing client base. Tim Traxinger and fellow Managing Director, Tom LaMantia, will be joining the AVI Systems Leadership Team.

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