Business
Kinaxis Makes Acquisition to Create New Services Hub for Global Customers and Partners
Kinaxis Makes Acquisition to Create New Services Hub for Global Customers and Partners ...
About this update from Kinaxis, Inc.
[{"type":"text","content":"\n\n\n\nKinaxis Makes Acquisition to Create New Services Hub for Global Customers and Partners\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nOTTAWA, Feb. 26, 2020\n\n\n\nAcquisition of long-time services partner, Prana, in India boosts market presence and global scalability\n OTTAWA, Feb. 26, 2020 /CNW/ - Kinaxis® Inc. (TSX: KXS), the leader in empowering people to make confident supply chain decisions, has acquired Prana Consulting, a supply chain consultancy based in India. Prana has been a key services partner of Kinaxis for more than 15 years. The acquisition immediately adds many highly-skilled practitioners who have deep experience in RapidResponse®, and creates a hub from which Kinaxis can offer expanded services to its customers.\nThis acquisition reflects the ongoing growth of Kinaxis, which works with top-tier customers around the world in the automotive, high-tech, consumer packaged goods, industrial, life sciences and aerospace industries, including Toyota, Unilever, Johnson Electric, Novartis, and many more. \n\"I'm thrilled to welcome this dedicated and experienced group of people to our team as we continue to scale up to meet growing market demands,\" said John Sicard, CEO Kinaxis. \"Having worked with Prana for more than 15 years, I am confident in their ability to support our growing need for global services and customer care.\"\n\"Joining this vibrant, global company is a great opportunity for us to continue to play a central role in supporting Kinaxis customers,\" said Vijay Subramanian, CEO and Founder of Prana. \"The Kinaxis team has created an amazing product, and the company's culture and people make it the perfect new home for us.\"\nAbout Kinaxis Inc.Eliminating volatility in your supply chain is impossible, but managing it is not. Trusted by top brands, Kinaxis® gives people the confidence to know they are making the best supply chain planning decisions to maximize business performance. We solve complex business problems in easy-to-understand ways by combining human and machine intelligence to plan for an...