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New Deal


Announced

Aptean to acquire the planning and PLM division of Aptos.

Synopsis

Aptean, an application software developer, agreed to acquire the planning and PLM division of Aptos, a developer of an omnichannel software platform. Financial terms were not disclosed. “When finalized, the acquisition of Aptos’ planning platform will build on Aptean’s commitment to serve the fashion and apparel industry. Like Aptean, Aptos has focused on bringing customers to the cloud, helping them to increase scalability while delivering a better experience to the end consumer. We’re excited to build on Aptos’ success and accelerate the ability of apparel and retail companies across the globe to harness the benefits of digital transformation," TVN Reddy, Aptean CEO.

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