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.
Resources Mentioned In This Article
- Companies report double-digit growth in industrial IoT usage
- Penske updates driver app with roadside assistance and fleet update
- XPO says software pilot projects could generate $100 million profit in two years
- Turvo raises $60 million for supply chain collaboration and visibility platform
- Gartner flags 10 strategic tech trends for 2019
Join the Discussion
After you comment, click Post. If you're not already logged in, you will be asked to log in or register.
Feedback: What did you think of this article? We'd like to hear from you. DC VELOCITY is committed to accuracy and clarity in the delivery of important and useful logistics and supply chain news and information. If you find anything in DC VELOCITY you feel is inaccurate or warrants further explanation, please ?Subject=Feedback - : Intelligrated buys Knighted">contact Chief Editor David Maloney. All comments are eligible for publication in the letters section of DC VELOCITY magazine. Please include you name and the name of the company or organization your work for.