IFS, a leading technology innovator in cloud and Industrial AI software, has entered into a definitive agreement to acquire Copperleaf Technologies Inc. Copperleaf is a prominent provider of AI-powered enterprise Asset Investment Planning and Management (AIPM) software. This acquisition aims to enhance IFS’s position as a global leader in Enterprise Asset Management, incorporating advanced Industrial AI capabilities to manage assets crucial to businesses. Copperleaf’s software manages over two trillion dollars of physical and digital assets globally. Completion of the acquisition is expected in the third quarter of 2024, subject to customary conditions and approvals.

Enterprise Application Software, Industrial AI, Asset Management,United Kingdom, Canada, United States