Supply chain design software company LLamasoft has acquired IBM’s LogicTools supply chain applications business unit.
This acquisition includes 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.
LLamasoft says this acquisition is part its 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.
Late last year LLamasoft launched SupplyChainGuru.com, which it says is the industry’s first SaaS application solely focused on the supply chain design business process.