IFS completes acquisition of Softeon, launches IFS Softeon brand

IFS says it has completed its acquisition of Softeon and will operate the combined business as IFS Softeon, offering integrated supply chain technology to customers in manufacturing, logistics and retail.

The industrial AI software provider says the deal brings together its Industrial AI capabilities with Softeon’s warehouse management software expertise. The company says the new unit is aimed at addressing challenges created by disconnected enterprise resource planning and warehouse management systems.

IFS says it manages $2.4 trillion in critical assets through its IFS Cloud platform. Softeon brings more than 20 years of warehouse management software experience and a customer base that includes Brooks, Casey’s, Denso, Sears Home Service, Sony and UPS. The combined company says it processes millions of orders per month and manages warehouse operations in 30 countries.

Mark Moffat, CEO of IFS, said the launch creates a new option for companies navigating increasingly complex supply chains.

“The introduction of IFS Softeon means every enterprise wrestling with the complexity of modern supply chains now has access to something genuinely new: end-to-end supply chain intelligence, from strategic decision-making to physical execution on the warehouse floor,” said Moffat. “Industrial AI meets limitless warehouse execution. That’s a combination that will supercharge what’s possible for our customers.”

Jim Hoefflin, CEO of IFS Softeon, said the move expands the company’s capabilities.

“Joining IFS is the natural next step in Softeon’s journey,” he said. “Our customers chose us because we deliver. Now, backed by IFS’s Industrial AI platform and global reach, we can deliver even more – AI-driven warehouse orchestration, robotics interoperability and predictive inventory intelligence. The future of warehouse management just got a whole lot more exciting.”

IFS says existing Softeon customers will continue to receive investment in the platform, while IFS customers will gain access to warehouse management software under a single vendor offering.