TXT e-solutions

TXT e-solutions is an Italian software development and consulting company headquartered in Milan. Established in 1989, the company developed from a software vendor focused on production planning and scheduling into a multi-sector technology group providing specialist applications, engineering services, digital transformation support, and research and development. Its historical portfolio has included supply-chain planning, demand management, sales and operations planning, product data management, product-lifecycle support, multimedia content management, and digital manufacturing solutions. The company’s activities are concentrated in technically demanding industries where software must support complex products, regulated processes, distributed operations, or large-scale planning requirements. Its industry coverage includes aerospace and aviation, defense, transportation, industrial manufacturing, government, and fintech. This has given TXT a dual profile: it has supplied packaged and configurable software products while also undertaking engineering, integration, consulting, and custom development projects. During the 1990s, TXT expanded its software offering beyond production planning and scheduling and created an early supply-chain-management suite. In the following decade it broadened the portfolio to demand management, sales and operations planning, product data management, mobile and multimedia applications, and business-intelligence-enabled supply-chain planning. The company also developed relationships with major technology providers and participated in research programs in Italy and internationally. TXT reorganized its activities in 2007 into three divisions: TXT PERFORM, focused on supply-chain and retail planning software; TXT POLYMEDIA, focused on multimedia and digital-content technology; and TXT NEXT, focused on engineering and professional services. The Polymedia business was sold to Kit Digital in 2011. In 2017, TXT completed the sale of the TXT Retail division, formerly associated with TXT PERFORM, to Aptos, a transaction that further emphasized the group’s engineering and industry-solutions activities. TXT e-solutions S.p.A. has been listed on the Italian stock exchange since July 2000, trading under the symbol TXT.MI and historically included in the STAR segment. The group operates through subsidiaries and activities in Italy, France, Germany, Switzerland, the United Kingdom, and the United States. Its present identity is therefore that of an internationally active specialist technology provider rather than a mass-market software brand, with particular depth in aerospace, defense, transportation, industrial systems, and other high-complexity environments.

TXT e-solutions was founded in Italy in 1989 as a software company focused on operational planning and industrial information systems. Its early products addressed production planning and scheduling, areas in which manufacturers needed to coordinate capacity, materials, orders, and delivery commitments. During the 1990s, the company expanded this work into supply-chain management and developed its first software suite for broader supply-chain processes. The company entered the 2000s with a widening enterprise-software portfolio. In 2000 it established subsidiaries or international operations associated with France, Spain, the United Kingdom, and Germany. That same year, TXT e-solutions S.p.A. was admitted to the Italian stock market, where it has traded under TXT.MI since July 2000. In 2002, the company introduced solutions for supply-chain management, demand management, and sales and operations planning. These products were intended to help businesses align forecasts, inventory, purchasing, production, and commercial plans. In 2003, TXT added product data-management software, extending its activities from operational planning into the information structures used to manage products and their associated data. Further releases followed in 2004, including additional demand and supply-chain-management and sales-and-operations-planning products. TXT also introduced a mobile polymedia platform, reflecting the company’s interest in digital content and mobile delivery alongside its industrial software activities. In 2006, it worked with Microsoft through the Industry Builder Initiative, addressing supply-chain-planning requirements in consumer-driven industries. This relationship illustrated the company’s approach of combining its domain-specific applications with broader technology ecosystems. In 2007, TXT reorganized into three divisions. TXT PERFORM concentrated on planning and performance-management applications, including supply-chain and later retail-oriented solutions. TXT POLYMEDIA represented the company’s multimedia and digital-content activities. TXT NEXT focused on engineering, consulting, and technology services. The divisional structure made the group’s varied activities more distinct while preserving a common corporate identity. In 2008, the company released TXTPERFORM2008, a supply-chain-planning suite incorporating business-intelligence functionality. It also launched Media in a Box, a multimedia content-management platform. In subsequent years, subsidiaries introduced software for managing product lifecycles and a digital-manufacturing service line aimed specifically at aerospace. These developments increased the importance of engineering and industry-specific services within the group. TXT later simplified its portfolio. In 2011, the Polymedia business was sold to Kit Digital, and the group identified TXT PERFORM and TXT NEXT as its principal strategic areas. On 2 October 2017, TXT completed the sale of the TXT Retail division to Aptos, Inc., a company formerly associated with Epicor. The transaction removed the retail software activity from TXT’s portfolio and reinforced its orientation toward engineering, aerospace, defense, transportation, industrial, government, and fintech applications. TXT’s research and development teams have participated in Italian and international research programs. The company has maintained an international operating footprint through subsidiaries and activities in Italy, France, Germany, Switzerland, the United Kingdom, and the United States. Its history is consequently marked by portfolio expansion, divisional specialization, selective divestments, and a gradual concentration on software engineering and consulting for technically complex sectors.

1. 2017TXT Retail division sold to Aptos

   TXT completed the sale of TXT Retail, formerly associated with TXT PERFORM, to Aptos on 2 October.

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2. 2011Polymedia business divested

   TXT sold its Polymedia business to Kit Digital and concentrated development on TXT PERFORM and TXT NEXT.

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3. 2008TXTPERFORM2008 and Media in a Box released

   TXT introduced a business-intelligence-enabled supply-chain suite and the Media in a Box content-management platform.

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4. 2007Three-division reorganization

   The group reorganized into TXT PERFORM, TXT POLYMEDIA, and TXT NEXT.

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5. 2006Microsoft Industry Builder collaboration

   TXT worked with Microsoft through the Industry Builder Initiative on supply-chain-planning needs in consumer-driven industries.

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6. 2003Product data-management products added

   TXT expanded its enterprise-software portfolio with product data-management applications.

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7. 2002Supply-chain and demand-planning solutions released

   The company released products for supply-chain management, demand management, and sales and operations planning.

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8. 2000International subsidiaries and stock-market listing

   TXT established international subsidiaries or operations in several European countries and began trading on the Italian stock exchange in July.

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9. 1990Expansion into supply-chain management

   During the 1990s, TXT expanded from production-planning tools into supply-chain-management software and developed its first related suite.

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10. 1989Company founded

    TXT e-solutions was established in Italy as a software development company, initially working in production planning and scheduling.

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Specialist software, engineering, and consulting for complex and highly regulated industries

• TXT PERFORMSupply-chain and retail planning software2007

  TXT PERFORM was the group’s performance-planning software division. Its historical scope included supply-chain planning, demand management, sales and operations planning, and retail-oriented planning applications. The division represented TXT’s packaged enterprise-software heritage and addressed forecasting, coordination, inventory, and operational decision-making. The TXT Retail activity associated with this division was later sold to Aptos in 2017.

• TXT NEXTEngineering software and consulting2007

  TXT NEXT was established as the division for engineering, consulting, and technology services. Its activities supported complex industries requiring software development, systems integration, product-lifecycle capabilities, and specialized digital transformation. Aerospace, defense, transportation, industrial, government, and fintech organizations are among the sectors associated with TXT’s engineering and consulting work.

• TXTPERFORM2008Supply-chain planning suite2008

  TXTPERFORM2008 was a supply-chain planning suite released in 2008. It combined planning functions with business-intelligence capabilities, reflecting TXT’s effort to support both operational planning and analytical decision-making within a single enterprise application environment.

• Media in a BoxMultimedia content-management platform2008

  Media in a Box was a multimedia content-management platform released during TXT’s Polymedia period. It formed part of the company’s digital-content and multimedia technology portfolio, which was subsequently separated from the group through the sale of the Polymedia business to Kit Digital.

• Product lifecycle and data-management solutionsProduct lifecycle management2003

  TXT developed software for product data management and broader product-lifecycle activities. These solutions addressed the information and process requirements surrounding complex products, including the organization of product data and support for lifecycle-related engineering processes.

• Aerospace digital-manufacturing solutionsDigital manufacturing

  TXT and its subsidiaries introduced a dedicated digital-manufacturing service line for aerospace. The offering reflects the company’s emphasis on engineering-intensive environments in which manufacturing processes, product complexity, traceability, and regulatory requirements require specialized software and consulting support.

• 2017Sale of TXT Retail to AptosM&A

  TXT’s retail software activity was associated with the TXT PERFORM division and formed part of the group’s broader enterprise-software portfolio.

  What changed. On 2 October 2017, TXT completed the sale of the TXT Retail division to Aptos, Inc.

  Aftermath. The divestment further concentrated TXT on engineering, software development, and consulting activities for complex industry sectors.

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• 2011Sale of TXT PolymediaM&A

  TXT operated across software planning, engineering, and multimedia activities, and its 2007 divisional structure included TXT POLYMEDIA.

  What changed. The company sold the TXT Polymedia business to Kit Digital.

  Aftermath. TXT stated its development strategy was focused on the TXT PERFORM and TXT NEXT divisions.

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• 2017TXT completes sale of TXT Retail division to Aptos

  On 2 October 2017, TXT finalized the sale of its TXT Retail division, formerly associated with TXT PERFORM, to Aptos, Inc., formerly an Epicor division.

  M&A
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• 2011TXT sells Polymedia business to Kit Digital

  TXT e-solutions sold its TXT Polymedia business to Kit Digital, narrowing the group’s strategic focus toward the TXT PERFORM and TXT NEXT divisions.

  M&A
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• 2000TXT e-solutions listed on the Italian stock exchange

  TXT e-solutions S.p.A. began trading on the Italian stock exchange in July 2000, with the shares associated with the STAR segment and ticker TXT.MI.

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1. TXT e-solutions
2. TXT Group official website