Manhattan Associates to Acquire Evant
The addition of Evant's software is expected to fill out Manhattan's supply chain offerings.Supply chain execution software developer Manhattan Associates announced Thursday its intent to acquire Evant for about $50 million in cash. Evant Inc., based in San Francisco, develops supply chain planning, execution and replenishment software. Manhattan Associates Inc., based in Atlanta, Ga., develops a suite of software called Integrated Logistics Solutions that includes modules for distributed order management, warehouse management, transportation management and trading partner management.
Most recently, the company added RFID (radio frequency identification) enablement software and middleware to its portfolio.