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

 



About Author


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...

Read More

More from Pankaj


Post Recommendents

Earned Value Management Software Market Future Challenges and Industry Growth Outlook 2025
Author: Sachin Pashte

Market Study Report LLC delivers significant information and realistic data of the Global Earned Value Management Software Market via this newly added research in its database. The report presents a deep study of the market growth factors and driv...


Global Data Center Monitoring Software Market Size, Analytical Overview, Growth Factors, Demand, Trends and Forecast to 2025
Author: Sachin Pashte

MarketStudyReport.com adds New Report on Global Data Center Monitoring Software Market to its research database. The report focuses on global major leading players with information such as company profiles, Growth, product segment, technology segm...


Automotive Wire & Cable Market by Trends, Key Players, Driver, Segmentation, Forecast to 2025
Author: Sachin Pashte

The latest report on ' Automotive Wire & Cable Market' now available at Market Study Report, LLC, explains the current and upcoming trends besides details related to the regional landscape of the ' Automotive Wire & Cable marke...