IFS said it will acquire Softeon, a cloud native software provider for warehouses. IFS, which provides an industrial AI platform, will use Softeon to expand into warehouse management and connect it to manufacturing operations software.
Terms of the deal weren't disclosed.
For IFS, Softeon also gives it a bigger footprint. IFS said warehouse management and execution is a natural expansion of its manufacturing expertise. The argument is that production and distribution are being tightly integrated. Softeon's portfolio includes a warehouse management system, warehouse execution software and distributed order management.
"The warehouse is the next frontier for Industrial AI. As we work with increasingly complex global manufacturers and asset-intensive enterprises, warehouse operations must become as intelligent and autonomous as the production lines they support," said IFS CEO Mark Moffat, who added that Softeon's warehouse expertise will complement IFS' next-gen AI, robotics and industrial offerings.
According to the companies, IFS and Softeon will bring industrial AI to warehouse operations and ultimately replace legacy systems and manual processes. The companies plan to meld Softeon's platform with IFS' AI offerings including IFS Loops Digital Workers. Softeon already features native integrations with robotics, voice and automation systems.
In New York, IFS outlined its vision at its Industrial X Unleashed conference. IFS outlined partnerships with Anthropic, Boston Dynamics and 1X Technologies to create AI-driven autonomous warehouses that blend physical AI and humanoid robots.
IFS customers are in warehouse heavy industries such as aerospace and defense, energy, engineering and construction, manufacturing and transportation. Softeon's core industries are retail, third party logistics, food and beverage, healthcare and manufacturing.
