Announced
Completed
Synopsis
IFS, the global enterprise applications company, completed its acquisition of Astea International, which develops and delivers enterprise software for customers around the world who manufacture and distribute goods, build and maintain assets, and manage service-focused operations. Financial terms were not disclosed. "We've long admired IFS's growth and global scale and know that they share our customer-centric approach to Field Service Management. I am grateful for the commitment our employees have demonstrated, which has enabled today's transformative announcement. As I've gotten to know Darren and his management team during this process, I can say I'm looking forward to working with the entire IFS organization to offer our customers the best Field Service Management solutions on the market." Zack Bergreen, Astea CEO and Founder.
Principals
Show Details & Financials
Did you work on this deal?
Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.
By continuing, you agree to our Terms & Conditions and our Data Privacy Policy
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.