RedPrairie is acquiring LIS from the Permira Funds, an international equity investment firm. Terms of the deal weren't disclosed.
The acquisition will boost RedPrairie's revenue to a projected $130 million. It also will put RedPrairie's revenue closer to that of supply-chain-execution heavyweight Manhattan Associates Inc., which had 2003 revenue of $196.8 million.
RedPrairie says its and LIS's product portfolios are complementary. RedPrairie's suite of apps includes transportation, productivity, and distribution management, as well as components for real-time visibility, quality control, supplier collaboration, and performance management. Customers include Amazon.com, Eveready, General Electric, Georgia-Pacific, Nestlé, Panasonic, Procter & Gamble, Sony, and Unilever.
LIS's products include warehouse and yard management, supply-chain-process management, and mobile logistics tools. Its customers include Armstrong World Industries, Easton Sporting Goods, Esselte, Panasonic, and Tetley Tea.