LLamasoft Acquires IBM’s LogicTools Supply Chain Applications Business Unit
ANN ARBOR, Mich. (April 1, 2015). LLamasoft, the global leader in supply chain design software solutions announced that LLamasoft has acquired IBM’s LogicTools supply chain applications business unit. This acquisition will include the LogicNet Plus, the Inventory and Product Flow Analyst and the Transportation Analyst products as well as the related technology and support team. LLamasoft will begin providing software maintenance, support and services to all LogicTools customers effective immediately.
This acquisition is part of LLamasoft’s continued investment and growth in the supply chain design and planning software market. For each of the last three years, LLamasoft has moved up the ranks on Deloitte’s Fast 500 list of fastest growing North American technology companies, last year ranking 139 with 830 percent five year compounded annual growth. This growth highlights the increased focus on supply chain analytics and optimization as a competitive imperative within global companies across a wide range of industries.
“This strategic acquisition further solidifies LLamasoft’s status as the clear global leader in supply chain design technology,” notes LLamasoft founder, President and CEO Donald Hicks. “We’re incredibly excited to have the opportunity to serve LogicTools customers and welcome them into the LLamasoft user community—the largest community of supply chain designers in the world. Supply chain modeling is a must-have capability to survive and thrive in rapidly changing global market conditions.”
More information about the LLamasoft acquisition of LogicTools: https://www.llamasoft.com/LogicToolsMedia Contact