Siemens Logistics and Airport Solutions (LAS) has acquired software specialist AXIT AG
11 March 2015
Siemens Logistics and Airport Solutions (LAS) has acquired AXIT AG, a software specialist for cloud-based IT platforms for logistics process management. This acquisition opens up new perspectives for both companies for cross-industry growth in the logistics software business. The transaction is subject to approval by the German Federal Cartel Office and is expected to be completed by April 2015. Both companies have agreed to keep financial details confidential. AXIT is a leading provider of cloud-based software solutions in the European logistics sector and has a comprehensive user base with renowned customers in logistics, industry and commerce. Headquartered in Frankenthal, Germany, AXIT also maintains a software development centre in Wroclaw, Poland. Cloud-based software has already become a distinguishing feature in the logistics market and is considered to be key for end-to-end supply chain management. Owing to the ever increasing complexity in logistics, IT is more and more the driver behind innovative solutions for the control and optimization of processes. Through the merger with AXIT, LAS will become a pioneer of this innovative technology and will be able to provide comprehensive IT solutions for end-to-end transparency in supply chain management.