ServiceMax Announces Deal to Acquire LiquidFrameworks
ServiceMax, the leader in asset-centric field service management, today announced it has signed a definitive agreement to acquire LiquidFrameworks, a leading mobile field operations management solutions company, specializing in the energy industry. The acquisition will enable ServiceMax to expand its field service management solutions to meet the unique challenges of the energy sector. Read the full press release here. Through this acquisition LiquidFrameworks will continue to invest in the FieldFX product suite with expanded resources resulting in even higher ROI for companies that implement FieldFX.
“ServiceMax is committed to doing all we can to help companies keep critical assets -and the world -running. Strengthening our customer offerings in the oil and gas sector is core to that commitment,” said Neil Barua, CEO, ServiceMax. “Combining ServiceMax’s modern field service platform with LiquidFrameworks’ industry expertise will better equip us to provide oil and gas companies with the tools they need to ensure consistent, reliable service and maximize asset performance.”
“ServiceMax’s history of innovation has been transforming field service organizations for more than a decade,” said Travis Parigi, Founder and CEO, LiquidFrameworks. “The combination of LiquidFrameworks’ field-first, energy specific offering, with ServiceMax’s asset-centric field service suite will be unparalleled in the market. We are committed to helping companies realize the promise of digital transformation.”