TXT e-solutions completes acquisition of SmartRoutes from Nexteon Technologies

TXT e-solutions S.p.A. has completed its previously signed acquisition of the SmartRoutes division from Nexteon Technologies, Inc., with the deal executed by its U.S. subsidiary PACE America after meeting closing conditions. The acquired SmartRoutes real-time enroute flight optimization technology is already embedded in PACE’s Flight Profile Optimization product under the FPO-SR branding; TXT said it paid about USD 5 million at closing, excluding earn-out components expected in 2027 tied to new business recurring revenue.

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