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Announced

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Magaya completed the acquisition of ACELYNK.

Synopsis

Magaya, a logistics software company, completed the acquisition of ACELYNK, a provider of compliance software for the logistics industry. Financial terms were not disclosed. "Today is an exciting day for ACELYNK. The ACELYNK team and I look forward to joining and collaborating with the Magaya team. We share a steadfast commitment to customer success with the Magaya team and are thrilled to bring the combined power of the Magaya platform and the advanced customs compliance functionality from ACELYNK to the logistics industry," Matthew Fotouhi, ACELYNK Founder and CTO.

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