E2open completed the acquisition of Logistyx Technologies from Kidd & Company for $185m.

E2open, a provider of a cloud-based supply chain management platform, completed the acquisition of Logistyx Technologies, a parcel and e-commerce shipping company, from from Kidd & Company, a principal investment firm, for $185m. “We are excited to welcome Logistyx Technologies’ team, clients, and capabilities to 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 fulfillment, to supply," Michael Farlekas, E2open CEO.