IFS completes Copperleaf Technologies acquisition to transform asset management

IFS completes Copperleaf Technologies acquisition to transform asset management

Industrial and Financial Systems, IFS AB, has successfully concluded its landmark acquisition of Copperleaf Technologies Inc., paying CAD$1 billion for the global leader in decision analytics. The deal, which involved acquiring all outstanding shares of Copperleaf at CAD$12.00 each, received the necessary approvals from courts, shareholders, and regulators under the Canadian Competition Act. This acquisition […]

IFS to acquire Copperleaf Technologies to bolster global enterprise software capabilities

IFS to acquire Copperleaf Technologies to bolster global enterprise software capabilities

Industrial and Financial Systems, IFS AB (“IFS”) has agreed to acquire all issued and outstanding common shares of Copperleaf Technologies Inc. (TSX: CPLF) for $12.00 per share in cash, totaling an equity value of approximately CAD $1.0 billion on a fully diluted basis. The acquisition price represents a significant premium, with an 18% increase over […]

IFS to acquire industrial AI software company Falkonry

IFS to acquire industrial AI software company Falkonry

IFS, a global leader in cloud enterprise software, announced today a definitive agreement to acquire Falkonry, Inc., a California-based industrial AI software company. This acquisition aims to supercharge IFS’s capabilities in AI-based data analysis, particularly for the manufacturing and defense sectors. Falkonry is known for its high-speed, automated data analysis solutions, which continuously monitor large […]

Tech Mahindra and IFS forge exclusive cloud partnership in India

Tech Mahindra and IFS forge exclusive cloud partnership in India

Tech Mahindra, a global leader in digital transformation and consulting services, has entered into an exclusive partnership with IFS, the renowned global cloud enterprise software company. As part of this strategic alliance, Tech Mahindra will become the sole distributor of IFS technology in India. This includes the IFS Cloud platform, known for its stellar performance […]

IFS acquires Canada-based Poka to enhance connected worker platform

IFS acquires Canada-based Poka to enhance connected worker platform

IFS, a global provider of cloud enterprise software, announced the signing of a definitive agreement to acquire Poka, a Quebec-based connected worker platform, for an undisclosed price. The acquisition positions IFS at the forefront of industry trends, combining its Enterprise Resource Planning/Field Service Management/Enterprise Asset Management (ERP/FSM/EAM) technology with Poka’s platform, which enhances the efficiency […]