IFS to acquire TheLoops.

IFS, a provider of enterprise cloud and Industrial AI software, agreed to acquire TheLoops, AI agent technology company. Financial terms were not disclosed. “At TheLoops, our mission has always been to deliver AI that drives action, not just insight. By joining forces with IFS, we’re taking that vision to a whole new level. Together, we’re delivering AI Autonomous agents that understand the real-world complexity of industrial environments – what work needs to be done, how to do it, and how to do it securely, ethically, and at scale. This isn’t experimental; it’s transformational. I’m incredibly excited to bring this innovation to customers around the world,” Somya Kapoor, TheLoops CEO.