Arcadea-backed Vellox Group to acquire ADSoftware.

Arcadea-backed Vellox Group, a software platform, agreed to acquire ADSoftware, a software company. Financial terms were not disclosed. “ADSoftware is a natural fit for Vellox’s disruptor vision. Together, we’re reshaping how aviation operators run their businesses from the cockpit to the hangar—with a single, integrated platform,” Aleksandra Banas, Vellox Group CEO.