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PACE - About the company

PACE is an acquired company based in Berlin (Germany), founded in 1995 by Oliver Kranz, Michael Kokorniak and Alexander Schneegans. It operates as a Develops products for the aviation and aerospace industries.. The company has 145 active competitors, including 7 funded and 12 that have exited. Its top competitors include companies like Amadeus, IBS Software Services and Comply365.

Company Details

PACE develops software solutions for aircraft and engine manufacturers, civil and military operators, maintenance services and leasing companies. Offers customization and integration services and assists with content development such as setting up data models.
Key Metrics
Founded Year
1995
Location
Berlin, Germany
Stage
Acquired
Ranked
Employee Count
125 as on May 31, 2026
Similar Companies
Exit Details
Acquired by TXT E-solutions (Feb 29, 2016)

PACE's acquisition details

PACE got acquired by TXT E-solutions on Feb 29, 2016 at an acquisition amount of $*****.
Click here to take a look at PACE's acquisition in detail
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PACE's funding and investors

PACE is a funded company. PACE has 2 institutional investors.

PACE's founders and board of directors

Founder? Claim Profile
The founders of PACE are Oliver Kranz, Michael Kokorniak and Alexander Schneegans.
Here are the details of PACE's key team members:

PACE's employee count trend

PACE has 125 employees as of May 26. Here is PACE's employee count trend over the years:
Employee count trend for PACE
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PACE's Competitors and alternates

Top competitors of PACE include Amadeus, IBS Software Services and Comply365. Here is the list of Top 10 competitors of PACE, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Amadeus
Amadeus
1987, Madrid (Spain), Public
SaaS-based operations management solution for the hospitality and aviation industry
-
81/100
2nd
Logo for IBS Software Services
IBS Software Services
1997, Thiruvananthapuram (India), Late Stage
Provider of software solutions for airline, hospitality, and logistics sectors
$60M
77/100
3rd
Logo for Comply365
Comply365
2007, Beloit (United States), Acquired
Provider of operational content, safety, and training management software solutions
$12M
65/100
4th
Logo for Portside
Portside
2017, San Francisco (United States), Series B
Cloud-based aircraft management systems
$70M
59/100
5th
Logo for Infiniti
Infiniti
2005, Chennai (India), Unfunded
Provider of AI-driven travel and aviation technology solutions
-
-
57/100
6th
Logo for Veryon
Veryon
1973, San Francisco (United States), Funding Raised
Provides aviation management software
-
53/100
7th
Logo for SITA
SITA
1949, Le Grand Saconnex (Switzerland), Funding Raised
Cloud-based end-to-end management solutions for the aviation industry
-
50/100
8th
Logo for Rockwell Collins
Rockwell Collins
1994, Cedar Rapids (United States), Acquired
Provider of products and services for commercial and defense aerospace sectors
-
49/100
9th
Logo for Moonware
Moonware
2020, Los Angeles (United States), Seed
Automated ground operation systems for the aviation industry
$9.5M
48/100
10th
Logo for Lufthansa Systems
Lufthansa Systems
2010, Raunheim (Germany), Funding Raised
Provider of IT solutions for airlines, aviation, and flight operations
-
42/100
28th
Logo for PACE
PACE
1995, Berlin (Germany), Acquired
Develops products for the aviation and aerospace industries.
-
35/100
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PACE's Investments and acquisitions

PACE has made no investments or acquisitions yet.

FAQs about PACE

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