# MRO Software
> MRO Software was a leading provider of asset management solutions, most notably the Maximo suite, designed to help asset-intensive industries track and maintain equipment. The company was headquartered in Bedford, Massachusetts, and operated independently until its acquisition by IBM in 2006 for approximately $740 million. Originally founded as Project Software & Development, Inc. (PSDI), it rebranded to MRO Software in 2000 to align with its focus on maintenance, repair, and operations.
- URL: https://optimly.ai/brand/mro-software
- Slug: mro-software
- BAI Score: 82/100
- Archetype: Phantom
- Category: Software
- Last Analyzed: April 14, 2026