M&A

M&A

FourKites acquires Germany-based supply chain s'ware firm NIC-place

Press Release  

Chicago, USA- and Chennai-based FourKites has acquired NIC GmbH (NIC-place), a Germany-based supply chain visibility software provider. Founded in 2016, NIC-place provides supply chain visibility software solutions specifically designed for transport companies, carriers and logistics service providers. With its proprietary Data Control Center (DCC), NIC-place provides carriers a flexible and secure way to share supply chain data with customers. As a FourKites company, NIC-place will tap into FourKites' leading shipper network, global scale and R&D engine to accelerate the pace of innovation. The companies will maintain the NIC-place name and will keep the NIC-place offices in Germany from which to expand its team and operations.