This article needs to be updated. (October 2023) |
International Decision Systems (IDS) is a software development company that creates software for financial institutions and equipment-leasing companies.[1][2]
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| Company type | Private |
|---|---|
| Industry | Computer software Information Technology |
| Founded | 1974 |
| Headquarters | |
Area served | Worldwide |
Key people | David Hamilton (CEO) Katie Emmel (COO) |
| Products | Rapport InfoAnalysis InfoLease |
| Website | idsgrp.com |
History
editIDS was founded in 1974 as Decision Systems. In 2000, the company changed its name to International Decision Systems when it went public in a merger with the British company CFS. Two years later in 2003, the company was bought back by the managers of IDS for $25 million.[1] In 2008, IDS filed papers for an IPO hoping to raise $86 million.[2]
Company Overview
editInternational Decision Systems, Inc. provides asset finance and portfolio management software for the asset financing industry. IDS headquarters is located in Minneapolis, Minnesota with additional offices in Sydney, Australia; London, United Kingdom; Singapore; and Bengaluru, India.[3]
Controversies
editA lawsuit was filed against IDS in 2003, shortly after IDS managers bought back the company. Capital Stream Inc. filed a $20 million lawsuit alleging IDS executives used insider knowledge to buy the company.[4]
References
edit- ^ a b Reilly, Mark (September 12, 2003). "Managers buy Int'l Decision Systems". Minneapolis / St. Paul Business Journal. OCLC 50656543. Archived from the original on 11 February 2011. Retrieved 25 October 2010.
- ^ a b Kennedy, Patrick (February 15, 2008). "IDS Group Seeks to Raise $86 Million in I.P.O." New York Times. ISSN 0362-4331. OCLC 1645522. Retrieved 28 October 2010.
- ^ "International Decision Systems, Inc". Bloomberg Businessweek. New York City. 8 September 2010. ISSN 0007-7135. OCLC 1537921. Archived from the original on October 7, 2012. Retrieved 1 October 2010.
- ^ Reilly, Mark (October 10, 2003). "New IDS owners slapped with $20M suit by losing bidder". St. Paul Pioneer Press. ISSN 0892-1083. OCLC 15617573. Archived from the original on 31 May 2004. Retrieved 28 October 2010.