Kinaxis Acquires Mpo To Connect Supply Chain Planning And Real-Time Execution For Perfect Orders
08/16/22, 11:00 AM
Location
ottawaIndustry
saas
artificial intelligence
machine learning
supply chain management
logistics
transportation
enterprise software
saas
Kinaxis® Inc. (TSX: KXS), the authority in driving agility for fast, confident decision-making in an unpredictable world, announced today that it has acquired MPO, a European headquartered company that offers a unified global cloud-based SaaS platform for multi party orchestration of orders, inventory and transport. In a deal that closed on August 15, 2022, Kinaxis acquired all the shares of MPO for approximately $45 million, consisting of approximately 75 percent cash and 25 percent equity consideration. The exact amount of equity consideration will depend on the level of attainment of certain revenue and execution goals over the near term.
Company Info
Location
e
Ottawa, Ohio, United States
Company info
Everyday volatility and uncertainty demand quick action. Kinaxis® delivers the agility to make fast, confident decisions across integrated business planning and the digital supply chain. People can plan better, live better and change the world. Trusted by innovative brands, we combine human intelligence with AI and concurrent planning to help companies plan for any future, monitor risks and opportunities and respond at the pace of change. Powered by an extensible, cloud-based platform, Kinaxis delivers industry-proven applications so everyone can know sooner, act faster and remove waste. Don’t believe us? Ask us to prove it. Learn more at Kinaxis.com.