Announced
Financials
Sources
Tags
Software
Acquisition
United States
Pending
Private
shipping software
Majority
Domestic
Friendly
Single Bidder
Synopsis
Aptean, a global provider of mission-critical enterprise software solutions, agreed to acquire V-Technologies, a provider of integrated shipping software solutions. Financial terms were not disclosed. "With evolving sourcing needs and continued growth in ecommerce, the market is demanding faster, integrated shipping and fulfilment solutions. Our acquisition of V-Technologies will enable accelerated product development for current V-Technologies customers while also expanding Aptean’s logistics capabilities and strengthening our value proposition. We look forward to welcoming V-Technologies’ talented employees to Aptean and continuing its long-standing, positive partnerships with national and regional carriers as we continue to provide customers with leading logistics solutions," TVN Reddy, Aptean CEO.
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