Business Standard

IBS Software acquires Accenture Freight & Logistics team for unknown sum

Deal will boost IBS leadership as a tech provider to airfreight industry, is a strategic step towards helping establish the acquirer as an end-to-end player in global freight supply chain

Mergers and acquisitions

The acquisition is also a strategic step towards establishing IBS as an end-to-end player in the global freight supply chain

BS Reporter Chennai
IBS Software, a leading SaaS solutions provider to the travel industry globally, has announced the completion of a transaction to acquire the team of Accenture Freight and Logistics Software (AFLS). AFLS provides technology platforms to help airline and ocean transportation companies manage their freight operations and grow through digital transformation and innovation.

The acquisition will strengthen IBS Software’s leadership as a technology provider to the airfreight industry by bringing together complementary solutions and a shared vision for innovating and transforming the air cargo businesses. Boosting the freight business is an increasingly critical priority for airlines and the AFLS acquisition consolidates

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First Published: Feb 22 2023 | 8:15 PM IST

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