LLamasoft, a provider of supply chain design software solutions, has acquired LogicTools supply chain applications business unit from IBM.
Financial details of the deal were not disclosed.
LogicNet Plus, the Inventory and Product Flow Analyst and the Transportation Analyst products as well as the related technology and support team will be part of this acquisition. LLamasoft will start providing software maintenance, support and services to all LogicTools customers.
LLamasoft’s investment and growth is focused on improving its position in the supply chain design and planning software market.
“This strategic acquisition further solidifies LLamasoft’s status as the clear global leader in supply chain design technology,” said Donald Hicks, founder, president and CEO of LLamasoft.