IBS to Acquire Cabin Crew Management Software, AD OPT

IBS Software has entered into a definitive agreement with Massachusetts-based Kronos Incorporated to acquire the popular aviation software, AD OPT.

Used by many airlines around the world - including Air Canada, EasyJet, Emirates, FedEx, Garuda, Lion Air and Qantas - AD OPT is designed to optimize the crew planning, pairing, rostering, tracking and overall cabin crew management of large and complex network carriers.

AD OPT, founded in 1987 in Montreal by a group of mathematicians and operations research experts, was acquired in 2004 by Kronos, a multi-national workforce management software and services company employing nearly 6,000 worldwide.

The multi-million dollar acquisition of AD OPT will add more than 20 airline customers to IBS, significantly widen IBS' footprint in North America and boost IBS' go-to-market capabilities.

VK Mathews, Executive Chairman, IBS Group, said, "Acquisition of world-class travel technology companies has been a deliberate strategy of IBS to fulfill its commitment to the aviation industry. AD OPT offers a sophisticated suite of airline crew planning and optimization products, a sizeable customer base and a highly experienced team of professionals. The coming together of IBS and AD OPT is, therefore, extremely relevant for the industry as it enables us to create the most advanced digital platform, delivering a holistic solution for flight operations and crew management. We will continue to pursue our inorganic growth strategy to expand our solutions landscape and deliver outstanding value to our customers."

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