E2open Parent Holdings, Inc. acquired Logistyx Technologies, further enhancing E2open’s global footprint for multi-carrier e-commerce shipment management.
“We are excited to welcome Logistyx Technologies’ team, clients and capabilities to E2open,” says Michael Farlekas, chief executive officer at E2open. “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. This combination makes E2open the most comprehensive and integrated shipping solution provider, which covers all shipping modes including ocean, air, road, rail and parcel, and is powered by a global network of carriers and logistics service providers. Logistyx is complementary to E2open’s existing platform, enabling E2open’s world-class clients to orchestrate their supply chains from demand to fulfilment to supply.”
“The Logistyx team is thrilled to combine with E2open to enable more companies to ship smarter and benefit from the largest supply chain platform and network available,” says Geoffrey Finlay, CEO at Logistyx. “We provide our customers, which include top retailers, manufacturers and logistics providers, the automation, visibility and flexibility needed to simplify global fulfillment and compete in an omnichannel world – all within a one-stop, connected platform.”
- The Logistyx combination with E2open accelerates subscription revenue growth and unlocks strategic benefits such as increased reach, an enhanced global parcel carrier network, an expanded client base and augmented product offerings.