Lucasys Acquires PorterLogic to Enhance Financial Software Solutions

This move adds PorterLogic’s supply chain technology and team to Lucasys’ expertise in delivering tailored financial and operational software.

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Lucasys acquired PorterLogic, a move that adds PorterLogic’s supply chain technology and team to Lucasys’ expertise in delivering tailored financial and operational software.

Under the acquisition, Lucasys will integrate the PorterLogic platform, its team, and all existing customers into its operations.

“We’re excited to join Lucasys, a company that shares our commitment to working collaboratively with customers to configure and deploy value-add solutions. Lucasys is a great cultural fit for PorterLogic—both teams prioritize listening to customers and building technology that fits their unique needs, and together, we’ll continue to push the boundaries of what’s possible in operational excellence,” says Jonathan Porter, chief product officer at PorterLogic.

“PorterLogic’s technology, especially its approach to integration, is an important component of this acquisition. It allows us to bridge operational and financial systems effortlessly, delivering a unified platform that drives efficiency and insight for our customers. This is a game-changer for how we support asset-intensive industries,” adds Stephen Strang, chief technology officer at Lucasys.

Key takeaways:

·        PorterLogic’s composable, integration-focused technology will complement Lucasys’ robust solutions.

·        A key component of the acquisition is PorterLogic’s advanced technology, particularly its integration capabilities, which enable rapid connectivity across disparate systems.

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