Izzi Software to Acquire CNX Corporation
In a strategic move that marks a significant milestone for Izzi Software, the company has announced the acquisition of CNX Corporation, a Chicago-based technology firm specializing in app development for IBM Power Systems [1][2]. This acquisition, which took place on July 7, 2025, sees Izzi officially entering the IBM Power ecosystem.
CNX Corporation, known for its focus on accelerating app development for IBM Power Systems users, particularly in supporting the Valence framework, brings a wealth of expertise to Izzi. This acquisition will enable Izzi to grow CNX's team rapidly to meet the increasing market demand and to empower both current and future customers in maximizing their investments in IBM Power technologies [1].
Jennifer Nelson, CEO of Izzi, expressed her excitement about the acquisition, praising CNX's innovative product line and its resonance within the Power marketplace. The integration is expected to enhance Izzi’s software offerings and service capabilities within this ecosystem [1]. This move complements Izzi's earlier 2024 entry into the IBM Z sphere, following the acquisition of ColeSoft, positioning Izzi as a growing software innovator across IBM’s core enterprise platforms [1].
Post-acquisition, Izzi finds itself in a phase of active expansion, leveraging CNX’s expertise and team to deepen its footprint and deliver innovative solutions in the IBM Power Systems market [1][2]. The company is focused on team growth and enhanced client support to meet rising demand, signalling robust momentum in this ecosystem.
As part of the acquisition, Izzi will grow the CNX team to help current and future customers maximize the value of their Valence investment. The acquisition will also enable Izzi to grow in multiple departments, further strengthening its position in the software industry [1].
CNX Corporation, an innovative and growing company with a modern product line, brings added value to the IBM Power community, and Izzi looks forward to leveraging this to deliver innovative solutions and enhanced services to clients.
[1] Izzi Software Press Release, July 8, 2025. [2] IBM Power Systems Blog, July 9, 2025.
With the acquisition of CNX Corporation, Izzi Software is poised to expand its business in the IBM Power Systems market, leveraging CNX's technology expertise to grow and deliver innovative solutions in finance and other sectors that rely on IBM Power technologies. This strategic move is expected to strengthen Izzi's position in the software industry, allowing the company to meet the increasing market demand and maximize the value of customers' IBM Power investments.
