IFS, a technology innovator in cloud and Industrial AI software, agreed to acquire Copperleaf, a company that provides AI-powered asset investment planning and management software, for $1bn. “IFS continues to build on its position as the global software leader for Asset and Service management, powered by Industrial AI. I am deeply excited about what Copperleaf brings to our extended customer offering. We combine two companies built on the same principles: world class innovative technology with unrivalled time to value, asset and industry expertise delivering exceptional ROI, and organizational cultures that have always put the customer at the center of everything they do," Mark Moffat, IFS CEO.