Announced

Completed

IFS completed the acquisition of EmpowerMX.

Synopsis

IFS, a technology innovator in cloud and Industrial AI software, completed the acquisition of EmpowerMX, an AI-powered aviation maintenance software provider. Financial terms were not disclosed. The acquisition reinforces IFS’s commitment to Industrial AI and underpins the importance of industry-specific capabilities that enable customers to rapidly derive value and improve the way they serve their customers at the moment of service. For aerospace & defense customers, this translates to improving efficiencies, enhancing production control, minimizing turn-around times, and reducing maintenance costs.

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