Deltek Completes Its Acquisition of TIP Technologies

Revealed: Sep. 26, 2022 at 10:30 AM EDT|Current: 12 hours ago

The combination of Deltek + Tip Systems will speed up Deltek’s abilities for aerospace & protection and engineer to buy producers

HERNDON, Va., Sept. 26, 2022 /PRNewswire/ — Deltek, the foremost world wide company of application and options for venture-primarily based firms, introduced that it has completed its acquisition of Idea Systems – the primary provider of good quality, compliance and manufacturing execution methods for the remarkably regulated aerospace and defense (A&D) and govt contracting field. The arrangement to purchase Suggestion Technologies was declared on Thursday, July 14.

With this acquisition, Deltek will add high quality management technique (QMS) and manufacturing execution program (MES) capabilities to its portfolio of ERP and producing methods for govt contractors, aerospace & defense (A&D) and Engineer to Buy (E2O) companies. For a long time, Deltek has made available award-winning answers to federal government contractors of all dimensions. With the blend of Deltek + Idea Technologies, the company will offer the most thorough solutions for federal government contractors and in unique, aerospace & defense and engineer to buy firms.

“Signing up for forces with Deltek is a strategic milestone for Suggestion Systems and we glance forward to observing how our corporations and options can development with each other,” said Mike Miller, founder and CEO of Tip Systems. “We are thrilled to now be a component of Deltek and I want to thank all our Tip Technologies staff members and all the get-togethers included that assisted us full this acquisition.”

“Acquiring already partnered with Suggestion Technologies for decades, we are assured that the team’s expertise and strength in sophisticated production is the great complement to Deltek’s governing administration contracting methods. Alongside one another with Tip Systems, we now supply the most complete built-in ERP, QMS and MES methods for govt contractors to meet demanding federal governing administration compliance needs. We are thrilled to begin this journey jointly with the Idea Systems team,” stated Mike Corkery, President and CEO at Deltek. “Even though Deltek is excited to insert Suggestion Systems to its existing portfolio of objective-constructed remedies for govt contractors, we do stay fully commited to supporting the needs of the A&D firms making use of third celebration ERP options.”

Deltek + Suggestion Systems will be highlighted in sessions and demos this November at Deltek’s once-a-year person conference, Deltek ProjectCon. Attendees will get a initial-hand glimpse at the resolution and can also fulfill a person-on-just one with professionals. Come across out much more about Deltek ProjectCon or read through much more about Deltek + Tip Systems on Deltek.com.

About Deltek
Greater software suggests greater tasks. Deltek is the primary global provider of business software and information and facts answers for task-centered enterprises. A lot more than 30,000 corporations and hundreds of thousands of end users in in excess of 80 international locations around the entire world depend on Deltek for top-quality ranges of challenge intelligence, administration, and collaboration. Our industry-focused know-how powers challenge good results by supporting firms realize functionality that maximizes productiveness and profits. www.deltek.com

About Suggestion Technologies
Founded in 1989, Tip Systems was one of the to start with to provide integrated high quality assurance software program utilizing a industrial, off-the-shelf system. Now a recognized leader in the sector, Suggestion Systems proceeds to develop very respected computer software that is applied by some of the world’s major corporations. For additional information: www.tiptech.com

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