IBS Software, a SaaS solutions provider, agreed to acquire Above Property Services, a cloud-based software company, for $90m. "IBS Software and APS both recognize the crucial need to accelerate next-level transformation in travel and hospitality to create unparalleled value for its clients. It is this shared vision that has inspired our collaboration. APS has successfully developed the only unified cloud-native microservices platform that frees operators from the limitations of legacy, monolithic technologies, providing flexibility, speed, and the ability to scale infinitely," Aaron Shepherd, Above Property Service Founder and CEO.