Siemens Logistics and Airport Solutions Acquires AXIT to Strengthen its Supply Chain Solution
FREMONT, CA: Siemens Logistics and Airport Solutions (LAS) has announced to acquire AXIT – a provider of IT Supply Chain Solutions for logistics process management. The acquisition’s main aim is to improve and expand LAS logistics software business with addition of AXIT’s clients into LAS network.
AXIT provides cloud-based IT-solutions to tackle cross-company logistics processes with its AX4 platform that creates framework to connect manage processes and drive market success. AXIT’s solutions are built on cloud computing technology with 24X7 access from anywhere in the world.
With the acquisition, LAS leverages AXIT’s supply chain solutions to provide end-to-end transparency in supply chain management (SCM). The customers can implement the integrated and enhanced solution portfolio from a single source. LAS’ IT innovative solutions simplify the increased complexity in logistics by controlling and optimizing the process.
“The acquisition of AXIT is a major step for us to strategically reposition our company,” says Michael Reichle, CEO, Siemens Logistics and Airport Solutions. “IT, software and the ability to use important logistics information to add value for our customers are key aspects of our innovation strategy.”