Accellos Inc. (Colorado Springs, Colo.) a provider of logistics, transportation, warehouse and mobile fleet management solutions has acquired Radio Beacon Inc., based in Toronto, Ontario. The acquisition was announced by Mike Cornell, chairman and CEO of Accellos.
Radio Beacon is a major provider of warehouse management technology solutions for the logistics industry. The acquisition will expand Accellos’ logistics capabilities and provide an opportunity to establish the combined company as a leader in the logistics, 3PL and WMS software market. Financial details of the acquisition were not disclosed.
Radio Beacon has an outstanding history of developing and integrating innovative warehouse management software solutions," Cornell said. "Their commitment to their high-quality employees, loyal customers and the growing reseller channel will help us expand our leadership in the growing WMS and logistics software market."
The acquisition of Radio Beacon by Accellos is a great opportunity for our customers, said Dale Jeffries, president of Radio Beacon "The combined strength of our companies will benefit our customers through greater investments in product development and our employees will benefit from greater resources and opportunities."
Source: Accellos Inc.