Savi Technology, a developer of real-time logistics software and systems, has merged with AceFusion.com, a Singapore-based provider of web-based, multi-modal supply chain execution solutions.
Savi Technology provides a software platform and applications to enable multi-national shippers, logistics services providers, conveyance owners, and infrastructure owners to monitor, manage, and optimise the progress of goods through all segments of a global supply chain.
AceFusion, which is renamed Savi Technology Asia, develops and markets a range of logistics and supply chain execution software to the same customer base. Part of the merged company’s strategy is to use wireless data networks to automatically track the movement of in-transit goods and materials.
The merger, which involves an exchange of stock between the private, venture capital funded companies, creates a single company offering a range of web-based software applications for end-to-end management of the movement of commercial goods.
These applications and services complement and extend the Savi SmartChain platform, which provide supply chain participants with web-based logistics management and collaboration tools that are driven by real-time data collection systems.
The current senior management team of AceFusion remain with the company, and all product research and development programs, including ongoing development of supply chain applications, continues at its Singapore location.