IBS was founded in 1978, focusing from the very beginning on the IBM midrange marketplace. Headquartered in Stockholm, Sweden, with a US HQ in Folsom, CA. IBS in 2007 claims more than 5,000 customers. The software has some light manufacturing capabilities, but has always been more of a distribution oriented application.iyjIn early 2008, Deccan Value Advisors acquired a majority stake over 80% and over - or more than - 87 million shares in 2008. The company "IBS AB" stock price has lost 75% of its value in the last year and is 1.46 SEK as of September 30, 2010. creative writing services

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