RedPrairie Acquires SofTechnics

Jan. 18, 2011
RedPrairie has extended its suite of solutions for retail and grocery companies by acquiring SofTechnics

RedPrairie Corp., a provider of supply chain software solutions, has finalized the acquisition of SofTechnics, a provider of integrated retail enterprise solutions that has been serving customers for more than 20 years. The acquisition will provide an extension to RedPrairie's E²e productivity suite.

SofTechnics' software portfolio adds mobility-enabled Store Inventory and Price Management, Intelligent Store Ordering, Direct-Store Delivery and Master Data Management to RedPrairie’s solution set.

Serving 24 of the top 75 supermarket chains in the U.S., SofTechnics provides mobile price and inventory management solutions for both grocery and general retailers. The acquisition aims to strengthen RedPrairie’s Retail Platform with functionality designed to reduce customers’ operating costs from advanced store inventory and labor management planning.

“The continued functional expansion and enhancement of our retail platform allows us to provide customers with a broader and more flexible array of solutions for the challenges they face every day,” says Mike Mayoras, RedPrairie CEO.

Guy Dille, former president of SofTechnics, will become senior vice president, retail for RedPrairie.

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