Logility Acquires Optiant for $3,300,000

  • Feed Type
  • Date
    3/22/2010
  • Company Name
    Optiant
  • Mailing Address
    7 New England Executive Park Burlington, MA 01803
  • Company Description
    Optiant helps Global 2000 companies optimize their bottom-line performance by creating responsive and resilient supply chains. As the leading provider of inventory planning and optimization solutions, Optiant’s solutions optimally balance resources, total costs, and customer service across the supply chain to deliver greater profitability, increased customer satisfaction, more efficient use of capital, and a resilient supply chain that fully handles uncertainty in supply and demand.
  • Website
    http://www.optiant.com
  • Transaction Type
    M&A
  • Transaction Amount
    $3,300,000
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    Optiant Inc., a Boston-based provider of multi-echelon supply chain optimization systems, for approximately $3.3 million in cash, subject to certain post-closing adjustments.