Intelligrated buys Knighted
With acquisition, material handling solution provider strengthens position in logistics software market.
Material handling solutions provider Intelligrated of Cincinnati announced that it has completed the acquisition of Knighted, a developer of supply chain software solutions based in Ossining, N.Y.
Knighted provides web-enabled logistics software for supply chain operations. Its applications include warehouse management software, warehouse control software, and labor management software. Intelligrated provides material handling systems, warehouse control systems, and order fulfillment software.
Intelligrated said that the acquisition is part of the company's strategy to deliver solutions for e-commerce; multichannel retail; third-party logistics; and the wholesale, consumer products food and beverage industries.
"Today's multichannel retail and consumer demands require fulfillment operations to deliver orders faster and more efficiently than ever before," said Greg Cronin, executive vice president of Intelligrated. "The acquisition of Knighted enhances Intelligrated's ability to deliver modular solutions that are not only easy to implement and upgrade, but are also capable of making decisions at the speed of automation, increasing distribution and fulfillment capacity and lowering supply chain costs."
Knighted will continue to operate independently under the Intelligrated umbrella. Over the coming months, Intelligrated and Knighted will integrate select administrative operations and combine software development resources.
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