Auto Service World
News   January 3, 2007   by Auto Service World

MEMA Announces Important Merger

The Motor & Equipment Manufacturers Association (MEMA) announces the merger of Management Information Systems Group Inc. (MISG), its commercial business-to-business data interchange subsidiary, with ANXeBusiness Inc., the owner and operator of the largest multi-provider data interchange network in the world.
“This combination will provide our members with improved service, access to additional trading partners and new technology,” said Bob McKenna, president and CEO of MEMA.
“ANX is a technology leader in business-to-business data interchange, and this merger will benefit our members, as well as businesses in the other industries served by both groups.”
“Combining MISG, the automotive aftermarket’s most widely used purchase order delivery system provider with ANX, which manages the most widely used transaction deliver system in the automotive supply chain, will benefit the customers of both communities,” said Rich Stanbaugh, president and CEO of ANXeBusiness.
MISG provides data interchange services for more than 2,000 customers.
In addition to the automotive industry, the company also serves business in the plumbing, heating, air-conditioning, publishing and electrical industries.
ANXeBusiness provides its customers with products and services that support the transmission of mission-critical data.
The ANX Network is used extensively by vehicle manufacturers and automotive suppliers within the automotive industry.
The transaction effective January 1, 2007 combines the clients, assets and trademarks of MISG with those of ANX. As a non-publicly traded commercial subsidiary of MEMA, financial details of the transaction are not available.

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