In major news in the supply chain software market, Korber Supply Chain Software announced this week it has acquired MercuryGate, a provider of Transportation System (TMS) software.
Supply Chain Digest Says...
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The acquisition comes barely a month after Korber named Edward Auriemma as CEO, coming from rival Blue Yonder. |
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Korber is a provider of supply chain execution software, with a focus on Warehouse Management Systems (WMS) and more recently warehouse automation.
The company has its roots in the former HighJump Software, which German company Korber acquired in 2017, and renamed the company not long after.
The company has looked for a TMS solution to match those from rivals such as Blue Yonder and Manhattan Associates for many years, mostly through partnerships, but was never really been able to deliver a solid solution.
The deal for North Carolina-based MercuryGate deal ends that situation.
A price for the acquisition was not discloses.
Korber is backed in its supply chain software unit by major investment firm KKR.
“Our customers navigate dynamic, volatile supply chain environments under increasingly high expectations for order fulfillment,” said Ed Auriemma, CEO of Körber Supply Chain Software, in a press release “With the acquisition of MercuryGate, Körber Supply Chain Software is poised to offer an unparalleled combination of advanced technology and deep industry expertise to create innovative processes to help businesses manage these challenges.”
The complex nature of global supply chains has more companies looking for end-to-end technology solutions. Körber Supply Chain Software said customers of both firms will see the following benefits:
• Solutions that connect across inbound and outbound supply chain activities, improving cost efficiencies and customer experiences by optimizing placement, usage, and routing of goods.
• A resilient and reliable supply chain platform with visibility across inventory pools, enabling customers to identify growth opportunities as well as predict and rapidly respond to potential
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• Simulation capabilities to evaluate future supply chain strategies and understand ROI across their local and global business.
“This acquisition illustrates our power to execute our ambitious growth strategy, substantially extends our existing supply chain software portfolio, and is a significant milestone to becoming our customers’ first choice regardless of their challenge,” said Stephan Seifert, CEO of Körber. “Furthermore, it is proof, that our trustful strategic cooperation with KKR results in additional value for our customers.”
The acquisition comes barely a month after Korber named Edward Auriemma as CEO, coming from rival Blue Yonder.
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