Izzi Throws Retiring IBM i Software Company Founders A Lifeline

February 3, 2025 Alex Woodie

Founders of smaller IBM i and System z software vendors who are looking to sell their companies before they retire may want to check out a new venture called Izzi Software. In an interview with IT Jungle, the executives heading the startup explain that it has a mandate to spend millions of private equity dollars on acquiring midrange and mainframe ISVs that have solid products and businesses, but may not be big enough to attract M&A attention from bigger firms.

It’s no secret that the IBM i and System z communities tend toward the older side of the age …