IFS Completes Acquisition of Softeon

IFS Acquires 7bridges to Expand Industrial AI Supply Chain Capabilities

August 18, 2025

AI & Machine Learning

IFS has acquired 7bridges, an AI-powered supply chain management solutions provider, to strengthen its logistics and transportation optimization capabilities and accelerate AI-enabled supply chain features within IFS Cloud. The acquisition will enable IFS to scale 7bridges' simulation and analytics technology across manufacturing, transportation and aerospace & defense customers while bringing the 7bridges team into IFS.

IFS Acquires Industrial AI Provider Falkonry

August 31, 2023

AI & Machine Learning

IFS has signed a definitive agreement to acquire Falkonry, a California-based industrial AI software company that provides automated time-series anomaly detection and operational insights for manufacturing and defense customers. The acquisition adds Falkonry's self-learning anomaly detection to IFS's cloud enterprise suite, expanding IFS's AI capabilities across ERP, EAM, FSM and related products; the deal is expected to close in Q4 2023.

IFS Acquires Ultimo Software Solutions

July 6, 2022

Cloud & SaaS

IFS has signed a definitive agreement to acquire Ultimo Software Solutions, a Netherlands-based provider of cloud Enterprise Asset Management (EAM) software. The purchase adds Ultimo’s fast-to-deploy, configurable SaaS EAM point solution and ~180 employees to IFS’s IFS Cloud EAM portfolio, strengthening IFS’s end-to-end and point-solution capabilities; the deal is expected to close in Q3 2022.

IFS Acquires Axios Systems

March 22, 2021

Software

IFS has signed a definitive agreement to acquire Axios Systems PLC, a global provider of cloud-based Enterprise Service Management (ESM) software. The acquisition strengthens IFS's Service Management capabilities by adding Axios's ITSM and ITOM functionality to IFS Cloud, expanding its end-to-end service offering for enterprise and public-sector customers.

Softeon Acquires GetUsROI and AttunedLabs

March 1, 2023

Transportation

Softeon has acquired warehouse technology and implementation firm GetUsROI LLC and its AttunedLabs software development arm to integrate next-generation composable integration and orchestration tools into Softeon’s WMS/WES portfolio. The deal brings GetUsROI’s LUCA open supply chain execution platform and implementation expertise into Softeon, expanding its integration, UI/analytics and systems-integration capabilities to accelerate deployments across robotics, goods-to-person and other materials-handling systems.

IFS Acquires TheLoops to Launch Industrial AI Workforce

June 26, 2025

AI & Machine Learning

IFS has acquired TheLoops, a developer of autonomous AI agent technology, to embed agentic capabilities into IFS’s Industrial AI and enterprise cloud suite. The acquisition aims to create an AI agentic platform for mission-critical, asset-intensive industries—enabling autonomous digital teammates that operate securely within industrial workflows and expand IFS’s product capabilities.