SPS Commerce Acquires Direct EDI
Cloud-Based Supply Chain Service Provider Accelerates Its Growth and Market Leadership; SPS Adds Research and Development Center and Expands Its Customer Base to Over 40,000
MINNEAPOLIS, May 18, 2011 (GLOBE NEWSWIRE) — SPS Commerce (Nasdaq:SPSC), a leading provider of on-demand supply chain management solutions, announced today it has acquired Direct EDI, a provider of cloud-based integration solutions. The acquisition strengthens SPS’ position as one of the industry’s largest and fastest growing providers of cloud-based supply chain solutions. Subscribers of SPSCommerce.net and Direct EDI’s services will benefit from expanded operations to support e-commerce and traditional retail supply chains, a stronger investment in research and development with the addition of Direct EDI’s development center in the Ukraine, and a continued commitment to support its over 40,000 customers, including more than 2,000 Direct EDI customers.
“SPS Commerce is accelerating its growth and industry leadership with the acquisition of Direct EDI, and we want to welcome their team and customers to our community,” said Archie Black, President and CEO of SPS Commerce. “As the marketplace for cloud solutions evolves, SPS is among the leading organizations that are growing organically and through acquisition to better serve their customers. With SPS, Direct EDI’s customers will benefit from excellent customer service, a much larger retail trading community, and access to additional supply chain services and trading partner connections.”
“At Direct EDI, we have always believed that our success begins with the success of our customers,” stated Michael Davidovich, Founder and CEO of Direct EDI. “I am pleased to announce that we are continuing this commitment by merging our operations with SPS Commerce, a recognized leader in on-demand supply chain solutions and a company that shares our commitment to customer success.”
To learn more, and view a webinar about the acquisition, click here.
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