BluePhoenix Solutions Ltd. was a publicly traded company, headquartered in Israel, that develops and sells modernization services for legacy information technology systems. Its shares were traded on the NASDAQ Global Market exchange.
In 2014, BluePhoenix and ATERAS Complete Merger and Commence Operations as Modern Systems.[1] In 2019 Modern Systems was acquired by OneAdvanced.
Company
BluePhoenix Solutions specializes in the modernization of corporate legacy databases and applications. The firm's automated translation platform serves as a base to provide services for clients updating legacy systems to more modern computing platforms.
History
BluePhoenix Solutions was founded by Aaron Crystal in 1987 under the name A. Crystal Solutions. Soon afterwards Formula Systems acquired control of the company, while the founder retained some of his shares and continued to serve as the company's CEO until 1996, when its name was changed to Crystal Systems Solutions and it went public on