Management Dynamics, a provider of global trade management solutions, has acquired NextLinx Corporation, a developer of international trade compliance technology and content. The acquisition will result in a portfolio of enterprise software and on-demand services to plan, optimize and execute global trade operations. Terms of the deal were not disclosed.
Global trade management is a category of supply chain software that enables companies to profitably implement global sourcing strategies and improve the efficiency of their value chains from supply to demand. Founded in 1994, NextLinx has over 70 customers worldwide, including Boeing, Cisco Systems, Fairchild Semiconductor, FedEx, Panasonic, UPS and VF Corp.
NextLinx's international trade compliance software and content will complement Management Dynamics’ logistics contract management and supply chain visibility offerings, says Jim Preuninger, CEO of Management Dynamics. The new suite of global trade management solutions from Management Dynamics will provide a unified technology platform that automates import, export and trade agreement processes, optimizes global transportation and inventory costs, and ensures that a company's cross-border transactions are in compliance with all government regulations.
NextLinx founder Rajiv Uppal will assume the role of chief software architect with Management Dynamics.