IBI Group Acquires Aspyr Engineering Ltd.
TORONTO — IBI Group, a global design and technology firm, has completed the asset purchase of British Columbia-based Aspyr Engineering Ltd., including all intellectual property. IBI Group also welcomes the Aspyr staff as part of the acquisition. Founded in 2015, Aspyr is a leader in information communication technologies for smart buildings, communities, and cities. It has developed and deployed numerous award-winning solutions for health care, higher education, government, and corporate clients, including St. Paul’s Hospital, Emily Carr University, and IBM. The closing of the asset purchase supports the continued integration of technology with all of IBI Group’s services and solutions, in particular its buildings business, where technology is central to the user experience and core to the design process.
“This acquisition furthers our competitive edge in the market by providing us with expertise, senior resources, and enhanced capabilities in the areas of information communication technologies and smart buildings,” said Scott Stewart, CEO, IBI Group. “We have worked closely with Aspyr on a number of major P3 projects in Canada and have enjoyed a collaborative and productive relationship with the Aspyr team. I look forward to bringing them into the IBI family.”
Phi Ho, president and founder, Aspyr, said the two companies share a common vision to integrate technology into the built environment in a seamless and user-centric way.
“IBI’s technology pivot and data-driven approach to design is well-aligned with Aspyr’s growth strategy,” he said. “Coupled with IBI’s global footprint and its 300-person strong software development team, I’m excited to accelerate the speed-to-market for our solutions and enhance the capabilities we offer to clients.”
Aspyr specializes in the design and implementation of IT, audio-visual, communications, and security technologies for both the public and private sectors with unique expertise in health care, higher education, justice, and government. Based in Burnaby, British Columbia, the company has designed hundreds of custom systems for its clients, including an industry-first virtual applications infrastructure for a correctional center using IOS and Android mobile technology. Additionally, its Gigabit Passive Optical Network solution for Emily Carr University was among the most sophisticated fibre optic AV/IT networks of its kind in North America.
For more information, visit www.ibigroup.com.