QAD Inc., a provider of enterprise software and services for global manufacturers, has acquired Strasbourg, France-based DynaSys S.A. that develops supply chain planning software for 6 million euros ($7.5 million).
DynaSys generated roughly 5 million euros in revenues last year and has about 40 employees.
QAD said its main plan is to expand DynaSys’ existing markets and extend the reach of its flagship product n.SKEP by giving existing QAD global customers access to the supply chain planning tool. DynaSys will operate as a division of QAD and is expected to generate additional revenue to the second quarter of its fiscal year 2013.
The purchase will expand QAD into the areas of forecasting, planning, and supply chain optimization. n.SKEP is an integrated supply chain planning suite that features a planning model with a common user interface across all functions; addresses planning related to demand, distribution, production, procurement and master planning; and supports an integrated real-time approach to sales and operations planning. Its structure, called memory resident architecture, allows it to run detailed simulations around demand calculations for millions of items.
QAD said it went after DynaSys for both technology and its current employees. Ariel Weil, chief executive officer of DynaSys, has been named general manager of QAD’s DynaSys division. Weil said the company will make a significant push into emerging markets and new locations now since QAD has a large strategic focus on these markets.
DynaSys provides an integrated suite of demand and supply chain planning solutions, with customers located mainly in France and the rest of Europe. Its key market segments are luxury goods retail, food and beverage, and distribution markets.
QAD acquires supply chain planner DynaSys
