Logility Acquires AI Forecasting Startup Garvis
September 7, 2023
Logility, a provider of cloud-based prescriptive supply chain planning solutions and subsidiary of American Software, has signed a definitive agreement to acquire Garvis, an Antwerp-based AI-native demand forecasting SaaS startup. Garvis’ DemandAI+ will be embedded into Logility’s Digital Supply Chain Platform to add generative-AI and ML-driven demand forecasting capabilities and accelerate supply chain planning accuracy and automation.
- Buyers
- Logility, Inc.
- Targets
- Garvis
- Industry
- AI & Machine Learning
- Location
- Antwerp, Belgium
- Transaction Type
- Buyout
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