IDS Next to acquire ShawMan Software.

IDS Next, a smart hotel software provider, agreed to acquire ShawMan Software, a provider of food & beverage, leisure, and wellness cloud solutions for the hospitality industry. Financial terms were not disclosed. "We are very excited to welcome the ShawMan team to IDS Next and look forward to embarking on this great next step in our hospitality technology journey together. With the many synergies in our solutions, combined expertise, and a shared vision for the industry, we can eliminate the need for hotels to work with multiple vendors and non-similar systems. With the addition of cloud-based Point of Sales (POS), table booking software, and spa, sales & catering, and club management, we will be able to further accelerate our growth and extend our offering in our cloud and hybrid models on Microsoft Azure," Binu Mathews, IDS Next CEO.