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Announced

Completed

Blume Global completed the acquisition of LiveSource.

Synopsis

Blume Global, a provider of supply chain sourcing, completed the acquisition of LiveSource, a multi-enterprise supply chain business network for complex manufacturers. Financial terms were not disclosed. "Manufacturers manage an extraordinary amount of supplier sourcing and procurement data, as well as quality management information, that is typically in disparate systems. LiveSource solutions normalize this information by leveraging data lake technology, standardizing the data into actionable intelligence. I am excited about the future of our technology in the hands of Blume Global, one of the leading providers of supply chain execution and visibility solutions out there today. I've known CEO Pervinder Johar for many years, and I am invested in his vision for the future of the global supply chain," Bo Hagler, LiveSource CEO.

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