E2open acquires Logistyx Technologies for $185M

Supply chain management platform E2open has acquired Logistyx Technologies, a provider of parcel and e-commerce shipping and fulfillment software.

With the acquisition, Austin, Texas-based E2open (NYSE: ETWO) expands its e-commerce and small shipment and parcel capabilities for its customers.

“The demand for e-commerce shipping capabilities continues to grow as companies look for more flexible and cost-effective ways to deliver products to consumers,” Michael Farlekas, CEO of E2open, said in a...

https://www.freightwaves.com/news/e2open-acquires-logistyx-technologies-for-185m

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