Orlando, FL (PRWEB) October 8, 2010
NFi Studios, the leader of web technology connecting member & industry communities by delivering social technologies to member-based organizations, announced it has been acquired by Avectra, the leader of web-based association management software (AMS).
“Both companies are experiencing great success and momentum and have enormous opportunities ahead of them,” said Richard Davis, chief executive officer of Avectra. “We believe our combined strengths will not only immediately benefit our respective customers but will also provide access to a larger total addressable market and significant long-term growth opportunities — especially in emerging areas such as the not-for-profit, international and new vertical markets.”
As part of the acquisition, NFi Studios will operate as an independent division of Avectra and will continue to support the MemberFuse product line as well as their existing customers and partnerships with other technology providers. MemberFuse will be available for all member-based organizations, regardless of the organization’s existing association management software.
“With Avectra and NFi Studios joining forces, this is a great move for both NFi's current and future customers,” stated Sterling Raphael, president of NFi Studios. “The combination of Avectra and NFi Studios will provide customers a more powerful platform for creating, managing and delivering compelling content and experiences to their members. Plus, the ability to leverage multiple Avectra resources to help accelerate our growth will allow us to focus on the culture of innovation we worked so hard to foster and that continues to drive the development of MemberFuse.”
“Being a client of both NFi Studios and Avectra, it is very exciting to see these two companies come together,“ said Alise Miner, Vice President, Internal Systems and Project Teams, Specialty Equipment Market Association. “Combining Avectra’s deep back office AMS functionality with leading-edge online social networking features not only helps maximize our member’s participation but equally enriches current membership initiatives and operational effectiveness. We are eager to continue working with each group to discover new opportunities to help our members realize even greater value from our combined solutions.”
About the Avectra: For the last 16 years, Avectra has been translating our customers’ needs into market-leading association management software – whether our customers serve members by the hundreds or hundreds of thousands. Our 100% Web-based technology integrates data with business processes and then automates it, so our customers can engage members, provide access to all of their resources and get more done. With ongoing, automatic upgrades that won’t disrupt service or incur additional costs, we keep our customers current with the latest technology. Avectra is headquartered in McLean, Va., with a regional office in Chicago.
About NFi Studios: NFi Studios is the leading provider of web technology connecting member & industry communities. By delivering social technologies to associations to marketplace matching solutions for tradeshows, NFi Studios takes a creative approach to delivering powerful interactive solutions for our clients.