Izzi Software, a leading provider of enterprise software solutions, announced the acquisition of Chicago-based CNX Corporation, a technology company specializing in advancing app development for users of IBM Power Systems.
This strategic deal is a significant milestone for Izzi as it expands its capabilities and offerings into the IBM Power ecosystem. The company launched in 2024 in the IBM Z sphere with the acquisition of Virginia-based ColeSoft.
As part of the acquisition, Izzi will grow the CNX team to help current and future customers maximize the value of their Valence investment.
KEY QUOTES:
“This acquisition could not have come at a better time because we are at a critical stage in our growth. We have had dozens of new customers over the last few years, and we needed a way to build our team at an accelerated rate to meet the market need. This acquisition will allow us to grow in multiple departments and provide even more value to the IBM Power community.”
Richard Milone, Co-founder and Managing Director of CNX Corporation
“We are thrilled to welcome CNX Corporation into the Izzi Software family. This acquisition not only strengthens our position in the software industry but also marks our entry into the IBM Power ecosystem. CNX Corp is an innovative and growing company with a modern product line that resonates in the Power marketplace, and we look forward to leveraging CNX Corporation’s expertise to deliver innovative solutions and enhanced services to our clients.”
Jennifer Nelson, CEO of Izzi Software
