Valsoft acquires Commsoft OASES and enters the aviation vertical
Date: 2019-09-13   Author: Pankaj Singh  Category: #news

Valsoft acquires Commsoft OASES and enters the aviation vertical

  • Since the company’s first association with airline sector over 40 years ago, Communications Software has been developing the MRO IT system continually.
  • Commsoft will keep on developing and supporting OASES, and all other services and products, providing a strong software solution to consumers.

Valsoft Corporation Inc., a company that specializes in development and acquisition of businesses working on vertical market software, reportedly announced that it acquired Communications Software Limited, (Commsoft OASES), a Tiptree, UK based leader in the field of aviation maintenance and engineering software market.

Communications Software Limited, established 1971 as a software house, obtained its first airline contract in year 1975 with UKs industry pioneer Laker Airways, which further led to the launch of OASES (Open Aviation Strategic Engineering System) predecessor the year following.

After the company’s first association with airline sector over 40 years ago, Communications Software has been greatly the company’s MRO IT system continually. The system, now dubbed OASES, is a procedure that is shaped in big part by its client feedbacks.

James Stock, Gary Pollak, Nick Godwin and David Pusey are very proud of the organization they have built alongside their employees. They are optimistic about the future of company.

Gary Pollak stated that In Valsoft, the company has found an entrepreneurial team and a cultural fit, that the company confidently believes, would help Commsoft continue to evolve and grow. Pollak further added that the company is confident that its customers are in able hands and are profiting from a team of passionate and dedicated aviation professionals and the support of a large software organization.

The directors of Commsoft will stay involved for ensuring a smooth transition with Nick Godwin continuing to lead the enterprise as the Managing Director. The company will keep on developing and supporting OASES, and all other services and products, providing a strong software solution to consumers.

Financial terms pertaining to the proposed acquisition deal were not disclosed by Valsoft Corporation.

Source Credit: https://www.globenewswire.com/news-release/2019/09/11/1914026/0/en/Valsoft-Enters-the-Aviation-Vertical-With-the-Acquisition-of-Commsoft-OASES.html

 



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Pankaj Singh

Pankaj Singh

Pankaj Singh Develops content for Algosonline, Market Size Forecasters, and a couple of other platforms. A Post Graduate in Management by qualification, he worked as an underwriter in the UK insurance domain before deciding to switch his field of profession. With exp...

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