Download KEWILL ANNOUNCES INTENTION TO ACQUIRE FOUR SOFT

KEWILL ANNOUNCES INTENTION TO ACQUIRE FOUR SOFT
Game changing transaction to strengthen Kewill’s leadership position
in Supply Chain Execution
August 10, 2013 – Guildford, UK and Chelmsford, MA, USA Kewill, a leading provider of
multimodal transportation software, announces that it has signed a definitive agreement to acquire
the assets of Four Soft, a software company headquartered in Hyderabad, India. The acquisition is
expected to close within 90 days and will expand Kewill’s existing leadership position in the Supply
Chain Execution software market.
Four Soft develops and markets a portfolio of logistics solutions for logistics service providers,
retailers and manufacturers. Four Soft has more than 400 customers, with in excess of 60,000
users across 120 countries.
“The acquisition of Four Soft is part of our strategic plan to significantly grow the Kewill business
over the next 5 years”, comments Bob Farrell, Chief Executive Officer and President at Kewill. “At
the completion of this acquisition, Kewill will have enhanced products, technology and domain
skills, which will significantly improve our market leading position.”
Palem Srikanth, Chairman & Managing Director of Four Soft states “The Board of Four Soft
believes that the offer from Kewill is good for both the employees and customers of Four Soft and
that with this acquisition, Kewill will be able to better serve the customers of both companies and
further fulfill the needs of the supply chain execution software market”.
About Kewill
Kewill is a leading provider of supply chain execution software solutions with a focus on multi-modal
transportation management for enterprises and logistics service providers to manage the movement of
goods and information around the globe.
We deliver innovative software for business-critical global supply chain requirements through our
three product suites: Logistics, to support freight forwarding, transport, warehousing and customs
compliance; Transportation and Shipping, to enable parcel, LTL, TL and desktop shipping and
export trade compliance, and; Business to Business Integration, to drive B2B eCommerce, order
management and supply chain integration.
Our customers rely on our deep domain knowledge to improve their business processes, exchange
information and provide visibility to simplify the management of their supply chains.
Established in 1972, Kewill has over 7,000 customers around the world including Bayer, Black &
Decker, DHL, Hankyu Hanshin, Hitachi, Ingersoll Rand, Mothercare, UPS, Scott’s & Co and TNT.
www.kewill.com
For additional information, contact:
Tanya Pring
Fieldworks Marketing
Tel. (UK) +44 (0)845 034 5602
[email protected]