Llamasoft acquires IBM supply chain business unit
April 14, 2015
Michigan-based supply chain design software company 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. The 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, the company has moved up the ranks on Deloitte’s Fast 500 list of fastest growing North American technology companies, last year ranking 139 with 830 per cent five year compounded annual growth. This growth highlights the increased focus on supply chain analytics and optimisation 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,” said the company’s 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 modelling is a must-have capability to survive and thrive in rapidly changing global market conditions.”
• IBM’s hybrid cloud system is being used by the US Army to run its Logsa materiel command logistics system, which provides logistics and business analysis services to more than 65,000 users.