Announced
Synopsis
IFS, an enterprise software solution provider, agreed to acquire Softeon, a global provider of innovative supply chain solutions. Financial terms are not disclosed. "The warehouse is the next frontier for Industrial AI. As we work with increasingly complex global manufacturers and asset-intensive enterprises, warehouse operations must become as intelligent and autonomous as the production lines they support. Softeon brings proven warehouse expertise to IFS, and we deliver next-generation AI, robotics orchestration, and deep industrial domain knowledge. Together, we're redefining what's possible when you apply Industrial AI where it matters most: on the warehouse floor, in real-time, with measurable impact on throughput, accuracy, and workforce capacity," Mark Moffat, IFS CEO.
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