RedPrairie Corporation and MARC Global Holdings have jointly announced that they have signed a definitive agreement, whereby RedPrairie will acquire MARC Global Holdings, Inc.
The combined companies, operating under the name RedPrairie Corporation, will unify and support all products and services from both organisations, offering its expanded customer base access to more solution capabilities, deeper functionality across key verticals and wider geographic support.
Former MARC chief executive officer Oliver Cooper will continue to serve in a leadership position within the combined organisation, under the direction of RedPrairie company leader John Jazwiec.
Mr Jazwiec said the alliance united two forward-thinking companies that had led the supply chain industry by focusing on customer results.
“We have made the decision to join together, and will continue to drive our business, based on the best interests and business needs of the world-leading companies that make up our global customer base.
“Both companies offer similar technology with sophisticated integration capabilities and leverage the same technology platforms, allowing us to provide customers an enhanced, broader suite of solutions and seamless technology upgrades.
“Equally important, both organisations share a customer-focused culture, a dedication to excellence, and product solution innovation."
Oliver Cooper said every measure had been taken to ensure a seamless transition for all of Marc Global’s customers.
“We are very excited by the synergies between our companies, and we are dedicated to helping our customers realise the substantial benefits this change will bring to their businesses.
“I greatly look forward to maintaining my leadership role and to continue fostering the valued, long-term customer and partner relationships we have developed through the years."