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Ibs Software Acquires Accenture Freight And Logistics Software (Afls) To Bolster Air Cargo Capabilities And Extend Into Ocean Freight & Logistics

PRIVATEFeb 22, 2023

Acquiring Company

IBS Software

Acquired Company

Ofload

SingaporeInformation TechnologySoftwareHospitalityTravelSaaSinformation technology & servicesSoftwareTransportationLogistics

Description

IBS Software, a leading SaaS solutions provider to the travel industry globally, has announced the completion of a transaction to acquire 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.

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Company Information

Company

IBS Software

Location

14150 Newbrook Dr

Singapore, Southeast Asia, Singapore

About

IBS Software is a leading SaaS solutions provider to the travel industry globally, managing mission-critical operations for customers in the aviation, tour & cruise, hospitality, and energy resources industries. IBS Software's solutions for the aviation industry cover fleet & crew operations, aircraft maintenance, passenger services, loyalty programs, staff travel and air-cargo management. Across the hospitality sector, IBS Software offers a cloud-native, unified platform for hotels and travel sellers, including central reservation (CRS), property management (PMS), revenue management (RMS), call center, booking engine, loyalty and distribution. For the tour & cruise industry, IBS provides a comprehensive, customer-centric, digital platform that covers onshore, online and on-board solutions. Across the energy & resources industry, we provide logistics management solutions that cover logistics planning, operations & accommodation management. The Consulting and Digital Transformation (CDx) business focuses on driving digital transformation initiatives of its customers, leveraging its domain knowledge, digital technologies and engineering excellence. IBS Software operates from 17 offices across the world.

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Frequently asked

Who acquired Ofload ?

Ofload was acquired by IBS Software, based in Singapore. The deal was reported on February 22, 2023. IBS Software is a leading SaaS solutions provider to the travel industry globally, managing mission-critical operations for customers in the aviation, tour & cruise, hospitality, and energy resources industries. IBS Software is privately held and operates in Information Technology.

When did IBS Software acquire Ofload ?

IBS Software's acquisition of Ofload was reported on February 22, 2023. IBS Software, a leading SaaS solutions provider to the travel industry globally, has announced the completion of a transaction to acquire Accenture Freight and Logistics Software (AFLS). Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Ofload do?

Ofload is Australia’s leading digital road freight service, helping businesses achieve efficient, flexible and sustainable supply chains, with a nation-wide carrier network servicing over 10,000 monthly shipments of all types of road freight. It is privately held, operating in Software.

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