Izzi Buys CNX, Eyes Valence Port To System Z
July 8, 2025 Alex Woodie
Izzi Software today announced the acquisition of CNX Corp., owner of the Valence suite of Web development tools for IBM i. The deal is the first IBM i-related acquisition for Izzi, which was founded last year with a mandate to buy smaller IBM i and mainframe vendors that typically don’t get M&A attention from bigger players.
CNX is a Chicago-based software vendor and consulting firm founded in 1996 by Richard Milone and Robert Swanson. The two had worked with BPCS (now Infor ERP LX) customers, and developed a product that extended that ERP system to the Web. That product, then …
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