Thiruvananthapuram, May 19 (UNI) Stepping up its efforts to become a major technology provider in the global aviation industry, IBS Software (IBS) has entered into a multi-million-dollar agreement with Massachusetts-based Kronos Incorporated to acquire AD OPT, a market leader in aviation software that provides crew management solutions to some of the biggest airlines across the world.
AD OPT (www.ad-opt.com), founded in 1987 in Montreal by a group of mathematicians and operations research experts, was acquired in 2004 by Kronos, a multinational workforce management software and services company employing nearly 6,000 professionals worldwide.