SSA Global acquires Arzoon's assets (7/19/2004)


SSA Global has acquired all of Arzoon Inc.'s assets. Financial terms weren't disclosed.

SSA Global plans to integrate Arzoon's transportation management software into SSA Transportation Management to offer a more comprehensive supply-chain management system.

"The combination of SSA Global and the supply chain execution functionality from Arzoon is a natural fit," said SSA Global Chairman, President and Chief Executive Officer Mike Greenough in a prepared statement. "We share several customers in the manufacturing sector, including companies in the high-technology, consumer packaged goods, logistics and transportation industries."

Arzoon marketed a LIFE software suite that included Arzoon® FastTrack Rail Manager and Arzoon® Rail Rate Manager designed to streamline the process of rail-shipment sourcing, execution, tracking and payment settlement. Canadian Pacific Railway, CSX Corp., Norfolk Southern Corp. and Union Pacific Corp. were Arzoon investors.

A SSA Global Technologies Inc. subsidiary, SSA Global provides extended enterprise resource planning software designed to manage corporate performance, customer and supplier relationships, product lifecycles and supply chains.

Source: Progressive Railroading Daily News