Powernet Announces Merger with Maxis360

Powernet and Maxis360 have officially agreed to terms allowing the two companies to merge into one.

The announcement comes after a two-year joint-venture between the two organizations that began in January of 2016 enabling both entities to begin selling each other’s technology and IT solutions.

“The merger between these two companies will serve to strengthen the team’s overall ability to serve our customers,” said Alli Stevens, CEO of Powernet. “We’re thrilled to have so many talented team members from Maxis360 that share our core values & beliefs join Powernet. This is an exciting new chapter in the company’s history.”

With a growing pool of experienced engineers and a rapidly increasing product offering, the combined offering of Powernet and Maxis360 solutions will allow the company to better service clients. Both organizations bring a high level of expertise in a variety of technology solutions including voice, data, WiFi and IT managed services.

Integrating products between the two companies has come naturally. Powernet’s Public Safety Signal Booster solution was researched and marketed by its Cincinnati team, however, after recent changes to the building requirements, many businesses in Florida are now required to have this product installed. This allows the Florida team to make safety a prominent need in the Florida market utilizing one of the Cincinnati team’s newest products. Together, the two teams have come together to offer customers a best in class approach, designing, installing and managing systems while providing proactive support.

“Combining the two companies’ services allows us to provide a truly dynamic solution for our clients,” stated Jeff Foster, the newly-appointed Vice President. “We expect this merger to allow us to further differentiate ourselves from competitors through our ability to provide a complete and innovative solution with the latest and most advanced technology available in an environment where technology is rapidly advancing on a daily basis.”

The combined company will continue as Powernet under the leadership of Stevens.

Former Maxis360 CEO Chris Ghosio, President Jeff Foster, and Senior Vice President Tony Wells will join Powernet’s leadership team and continue to set strategy for the company.

The headquarters will remain in Cincinnati while all offices in Florida will continue operating under the Powernet name.