International Financial Systems (IFS) Ltd.

1 result about this entity

Period: 30 Aug 2024 - 30 Aug 2024

/ai

IFS acquires Copperleaf in CAN$1bl deal

IFS, a leading provider of enterprise cloud and Industrial AI software, has finalised its CAN$1 billion acquisition of Copperleaf Technologies Inc., a global leader in decision analytics. Following approvals from courts, shareholders, and regulators under the Canadian Competition Act, IFS acquired all outstanding Copperleaf shares for CAN$12.00 each. This acquisition marks a significant milestone in IFS's strategy to accelerate growth and drive global expansion in asset-heavy industries.