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Veryon Expands Its Portfolio of Industry-Leading Solutions With Acquisition of Rusada

2023-10-03 21:58
SAN FRANCISCO--(BUSINESS WIRE)--Oct 3, 2023--
Veryon Expands Its Portfolio of Industry-Leading Solutions With Acquisition of Rusada

SAN FRANCISCO--(BUSINESS WIRE)--Oct 3, 2023--

Veryon, a leading provider of information services and software solutions for the aviation industry, recently announced its acquisition of Rusada, a prominent player in the aviation maintenance management software industry since 1987. This strategic move solidifies Veryon's commitment to innovation while strengthening its position as a trusted aviation management software market leader.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231003575421/en/

Norman Happ, chief executive officer for Veryon (Photo: Business Wire)

“We are thrilled to welcome Rusada to the Veryon family,” said Norman Happ, chief executive officer for Veryon. “Rusada's track record of innovation and service in aviation maintenance management software is an ideal complement to our existing portfolio of industry-leading solutions. The combined power of our teams, the expanded range of products and our robust customer base will enable Veryon to serve aviation operators of all sizes around the world.”

Headquartered in Geneva, Switzerland, Rusada has a presence across the globe with employees in the United States, Canada, United Kingdom, India, Singapore and Australia. Rusada’s software is used by nearly 100 customers that operate over 2,000 aircraft collectively.

“This acquisition allows us to become part of the leading aviation platform and diversify and expand our market presence across the industry,” said Julian Stourton, chief executive officer for Rusada. “In aligning ourselves strategically with the resources, technology and superior customer experience that Veryon offers, we are confident that together is a way for our team to continue to be a part of serving as a leading-edge provider of aviation software."

With the completion of this acquisition, Veryon gains access to Rusada's extensive expertise, advanced technology and global customer base from every corner of the industry, including commercial, charter, business, military and government operations. Envision, the company’s key solution, is a single hub for managing airworthiness, maintenance, and flight operations. The product’s wide range of functionality paired with user-friendly interfaces provides users with accurate and insightful data.

These combined companies will provide aircraft operators with unparalleled features, including asset management, maintenance planning, supply chain optimization, compliance monitoring and data analytics.

Veryon and Rusada customers can continue to expect uninterrupted 24/7/365 support and ongoing product enhancements. The acquisition will allow both companies the ability to offer a wider selection of solutions while maintaining the trusted reputation and brand attributes of both providers.

Since 1973, Veryon has expanded by adding new partners, content and technology through the acquisition of CaseBank and Flightdocs, and today offers aviation operators technology to better access publications, fix maintenance issues faster and operate more efficiently without compromising compliance. The Veryon brand is trusted by over 7,500 customers across 165 countries, serving over 70,000 users and over 25 percent of the world’s largest airlines.

For more information about Veryon and Rusada, visit their respective websites at veryon.com and rusada.com.

About Veryon

Veryon is the leading provider of aviation software and information services, supporting more than 75,000 aircraft maintenance professionals and 7,500 customers worldwide. We help everyone from business aviation teams and MROs to airlines and OEMs get their aircraft more uptime. Challenges like unscheduled repairs, part availability, and excessive paperwork lead to too many aircraft spending too much time on the ground. And that leads to needless delays, endless back and forth, and lots of wasted dollars. The key to more uptime is having a better technology platform to manage everything from maintenance and operations to manuals and diagnostics.

That’s why thousands of aircraft operators, 25% of the worldwide commercial fleet, and over 100 OEMs all rely on Veryon. And it’s why customers have been able to achieve an average 23% reduction in downtime cost. Veryon. Let’s get you more uptime. Learn more at veryon.com.

About Rusada

Rusada is a leading provider of aviation software with over 35 years of experience in the industry. Its ENVISION solution manages over 2,000 fixed and rotary wing aircraft for 150 operators, maintainers, and manufacturers in 50+ countries. With its headquarters in Switzerland and offices in the USA, Canada, UK, UAE, India, Singapore, and Australia, Rusada provides global support for a global industry. Specializing in the management of airworthiness, maintenance, and flight operations, ENVISION is developed solely for aviation. Its modern, web-based platform features a suite of integrated modules, enhanced by a series of native mobile apps. ENVISION’s easy-to-use interface provides users with clear, actionable information, enabling processes to be carried out quickly and efficiently, all without the need for paper or spreadsheets.

View source version on businesswire.com:https://www.businesswire.com/news/home/20231003575421/en/

CONTACT: Kim Welch

Senior Manager, Corporate Marketing

Veryon

kwelch@veryon.com

KEYWORD: EUROPE SWITZERLAND UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: TECHNOLOGY MOBILE/WIRELESS TRANSPORTATION TRAVEL PROFESSIONAL SERVICES AIR TRANSPORT OTHER TECHNOLOGY SOFTWARE NETWORKS DATA ANALYTICS INTERNET DATA MANAGEMENT LOGISTICS/SUPPLY CHAIN MANAGEMENT

SOURCE: Veryon

Copyright Business Wire 2023.

PUB: 10/03/2023 09:30 AM/DISC: 10/03/2023 09:32 AM

http://www.businesswire.com/news/home/20231003575421/en