Thiruvananthapuram: In an attempt to step up its efforts to become a major technology provider in the global aviation industry, Technopark-headquartered IBS Software has entered into a multi-million-dollar agreement with Massachusetts-based Kronos Incorporated to acquire AD OPT.
AD OPT, founded in 1987 in Montreal by a group of mathematicians and operations research experts, was acquired in 2004 by Kronos, a multinational workforce management software and services company employing nearly 6,000 professionals worldwide.
Currently, the IBS staff strength is above 3,000 and are specialists in aviation software, supporting flight operations of large airlines, including British Airways, KLM and Emirates.
AD OPT is a market leader in aviation software that provides crew management solutions to some of the biggest airlines across the world.
The frontline crew planning and optimization platform of AD OPT currently powers some of the top airlines in the world, including Air Canada, EasyJet, Emirates, FedEx, Garuda, Lion Air, and Qantas.
The acquisition is an integral part of IBS' growth strategy to become the leading technology provider to the airline industry worldwide.
19/05/19 Outlook
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AD OPT, founded in 1987 in Montreal by a group of mathematicians and operations research experts, was acquired in 2004 by Kronos, a multinational workforce management software and services company employing nearly 6,000 professionals worldwide.
Currently, the IBS staff strength is above 3,000 and are specialists in aviation software, supporting flight operations of large airlines, including British Airways, KLM and Emirates.
AD OPT is a market leader in aviation software that provides crew management solutions to some of the biggest airlines across the world.
The frontline crew planning and optimization platform of AD OPT currently powers some of the top airlines in the world, including Air Canada, EasyJet, Emirates, FedEx, Garuda, Lion Air, and Qantas.
The acquisition is an integral part of IBS' growth strategy to become the leading technology provider to the airline industry worldwide.
19/05/19 Outlook
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