Körber Supply Chain Software, a Dangerous Nauheim, Germany-based firm which makes a speciality of end-to-end provide chain software program options, acquired MercuryGate Worldwide Inc., a Cary, NC-based supplier of transportation administration techniques (TMS).
The quantity of the deal was not disclosed.
The acquisition is a strategic transfer that extends Körber Provide Chain Software program’s capabilities in delivering a complete, modern, adaptable and scalable provide chain execution portfolio.
Led by CEO Joe Juliano, MercuryGate offers Sensible Transportation™, a collection that gives transportation and logistics administration options confirmed to be a aggressive benefit for right this moment’s most profitable shippers, 3PLs, brokers, and carriers. The excellent Software program-as-a-Service (SaaS) product suite natively helps all transportation modes and segments, producing worth for its customers by means of improved price, productiveness, and effectivity utilizing synthetic intelligence (AI), machine studying (ML), and related applied sciences to adapt and automate transportation administration features. Sensible Transportation makes transport clever, easy, sustainable, and transformative for purchasers.
Led by CEO Ed Auriemma, Körber Provide Chain Software program delivers complete options for its clients, providing effectivity and transparency from order administration by means of world end-to-end stock movement inside probably the most advanced world provide chain operations. Körber Provide Chain Software program is a three way partnership of Körber AG, a global expertise group and KKR, a world funding agency that gives various asset administration, capital markets and insurance coverage options.
Commenting on the information, Ed Auriemma mentioned: “With the acquisition of MercuryGate, Körber Provide Chain Software program is poised to supply an unparalleled mixture of superior expertise and deep business experience to create modern processes to assist companies handle these challenges.”
FinSMEs
06/08/2024
