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by Chris Chiappinelli, MA Editorial Staff Posted on Tuesday, February 13, 2007 5:20:00 PM Sign Up to receive Daily News Alerts in your E-mail Inbox    | Abstract: | With $15 million acquisition of LogicTools, ILOG furthers its efforts to grow from a technology specialist to a provider of supply chain management applications. |
| Keywords: | ILOG, supply chain management, acquisition, LogicTools, optimization engine, supply network modeling, inventory optimization, CPLEX, Advanced Planner and Optimizer, APO, scheduling, transportation management, CPG, manufacturing |
In a move that serves its plan to become an applications provider in the supply chain management space, ILOG today announced the acquisition of LogicTools, a vendor of network modeling and inventory optimization products. The $15 million cash and stock-based transaction brings ILOG a suite of products that helps manufacturing and retail companies make better decisions about how to build their supply chains. LogicTools' Supply Chain Analyst applications suite includes modules for supply network design & planning, inventory optimization, and production sourcing & asset planning. The functionality in LogicTools' applications is partially enabled by ILOG technology. The companies have been partners for five years, with LogicTools building some of its supply chain management applications on top of ILOG's CPLEX optimization engine. [Click to continue] |
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