- CEO
- David R. McPhail
- Full Time Employees
- 21
- Sector
- Technology
- Industry
- Software - Application
- Address
- 880 Laurentian Drive Burlington ON Canada L7N 3V6
- IPO Date
- Jul 31, 2015
- Business
- Memex Inc. (MENXF) develops, commercializes, and manufactures a suite of Industrial Internet of Things (IIoT) software and hardware products that deliver real-time manufacturing productivity metrics, including overall equipment effectiveness (OEE), for customers in the discrete manufacturing and aerospace sectors worldwide; its flagship MERLIN Tempus platform serves as a software-driven communications hub providing machine monitoring, downtime tracking, production visibility, advanced analytics, customizable dashboards, ERP connectivity, labor productivity tools, and preventative maintenance features; additional core offerings encompass MERLIN Tempus Enterprise Edition for multi-plant scalability and job scheduling, MERLIN Financial OEE (FOEE) linking shop floor performance to profit metrics, MERLIN Continuous Improvement services with a nine-step implementation process, MERLIN Operator Portal human-machine interface, MERLIN Dostek DNC for distributed numerical control, Ax760 MTConnect hardware adapter, MERLIN Adapter for Siemens SINUMERIK 840D, and related DNC and memory upgrade solutions supporting protocols such as MTConnect, Fanuc Focas, OPC, and others. The company maintains ongoing strategic partnerships, including its designation as a Mazak Value Inspired Partner (VIP) to integrate MERLIN with Mazak's iSMART Factory for enhanced data-driven productivity, Microsoft Dynamics AX Connector for bidirectional ERP data flow, and reciprocal reseller arrangements with Production Process announced in October 2023 to expand market reach; recent financial maneuvers include extension of secured loan facilities in March 2024 and FedDev Ontario repayment deferrals out to 2027, alongside bi-weekly status updates amid filing delays and a February 2024 OSC cease trade order that prompted director resignations and FFCTO updates in September 2024. Founded in 1992 and headquartered at 3425 Harvester Road, Burlington, Ontario, Canada, Memex operates globally through direct sales, resellers, system integrators, and OEM channels, targeting shop floor operators, engineers, and executives seeking to minimize downtime, boost throughput, and achieve data-informed operational efficiency.