The tech company was an early leader in making software that let clients track goods as they moved through. Private equity firm battery ventures will buy the subsidiary that 3m acquired in 2003 for its expertise in trackandtrace products technology. The software company, known for its warehouse management barcode and radiofrequency technology, and more recently its rfid technology, will be part of 3m s industrial services and solutions division. Highjump beefs up tms capabilities with pinnacle acquisition. Korber acquires supply chain software specialists highjump. Highjump software has acquired 10 companies of its own, including 3 in the last 5 years highjump software has acquired in 5 different us states, and 4 countries. Acquisition expands highjump software s leadership position in direct store delivery software february 04, 2009 08. Truecommerce provides a comprehensive endtoend suite of trading partner connectivity solutions including edi translation and data mapping software, transaction network and onboarding services. Highjump software was founded in 1983 and is based in eden praire, minnesota.
Highjump software to acquire truecommerce by katie wolfe september 28, 2010 minneapolis, mn september 27, 2010 today, highjump software announced it has reached agreement to acquire truecommerce, a provider of businesstobusiness integration solutions. Zoom eyeworks selects highjump warehouse management. Their latest funding was raised on feb 4, 2002 from a private. The highjump acquisition, on the other hand, expands the portfolio offering and the breadth of customers koerber can reach. Korber acquires supply chain execution specialists highjump. This is the latest acquisition made by highjump to add software tools for performing omnichannel fulfillment. Accellos software acquired highjump in 2014 for an unspecified price. Korbers logistics systems business includes aberle software, dm logic, inconso, and. Its no longer enough to fulfill demand you must anticipate it, predict it and make smarter, faster decisions.
Highjump s revenue is the ranked 4th among its top 10 competitors. Highjumps revenue is the ranked 4th among its top 10 competitors. Barely one month into the new year, diversified manufacturer 3m co. Dealipedia battery ventures acquires highjump software. When will routecenter, routepad, and playbook be made available to existing highjump software customers. Highjump software bought by accellos minneapolis st. This is highjump software s first acquisition since unveiling an aggressive new corporate plan as an independent software provider after its divestiture from 3m in june. Highjump software acquires nexternal for ecommerce tools.
When you upgrade to crunchbase pro, you can access unlimited search results, save. Highjump software acquires insight distribution software from. The star tribune has a report on the acquisition, along with some background on highjump. Examining the highjump software acquisition logistics viewpoints. Highjump softwares strategy is to establish leadership positions in targeted industries, product categories, and geographies through an expanded product portfolio and worldwide. Business wire 3m announced today that it has completed the acquisition of highjump software inc. Highjump acquires redtail solutions modern materials handling. This is highjump softwares first acquisition since unveiling an aggressive new corporate plan as an independent software provider after its divestiture from 3m in june. Highjump was led for years by twin cities tech entrepreneur chris heim until maplewoodbased 3m co. Heim will retain the title of president through a transition period. Launched by the international operating arm of highjump software, 3m supply. Paul metropolitan area 952 9470440 fax 5600 w 83rd street, suite 600, 8200 tower, minneapolis, minnesota 55437. Highjump software acquisition of insight distribution software 3 faq february 2, 2009 11.
In 2006, highjump acquired two transportation software vendors. Highjump software to buy truecommerce twin cities business. Highjump software has acquired in 5 different us states, and 4 countries. Highjump software, a global provider of supply chain management software, announced that its truecommerce edi solutions group has partnered with, inc. In 2008, 3m sold highjump for, reportedly, much less to battery ventures, a bostonbased venture capital firm. The companys most targeted sectors include internet software and services 60% and software 40%. June 6, 2008 highjump software, a global provider of supply chain execution solutions, has appointed timothy campbell as chief executive officer. Highjump software simplifies the art and business of creating, selling and moving products across global networks. Truecommerce is the most complete way to connect your business across the supply chain. The top 10 competitors in highjump s competitive set are michael mahoney blue yonder, manhattan associate, blujay, tecsys, kinaxis, logility, descartes, epicor, asap systems and 3pl.
The highjump one platform user interface ui is a webbased tool which allows you to view. Wesupplys comprehensive electronic trading platform increases highjump truecommerce edi solutions global reach to over 10,000 trading partners and. Nov 10, 2008 this is highjump software s first acquisition since unveiling an aggressive new corporate plan as an independent software provider after its divestiture from 3m in june. Highjump software acquires beltek systems design, a. The move follows 3ms launch last year of a webbased packaging information management system. Aug 30, 2017 highjump was led for years by twin cities tech entrepreneur chris heim until maplewoodbased 3m co. Attention to detail is critical in the highly regulated automotive and aerospace industries. Eden praire, minnesota, united states highjump software, inc. Jan 05, 2004 3m and highjump will attempt to crosssell 3ms webbased packaging tool to highjumps supply chain software customers. Highjump softwares acquisition of beltek systems design. The acquisition has been completed with effect from august 28, 2017, after receiving approval from the relevant antitrust authorities. Highjump software was acquired by korber ag on aug 30, 2017.
Posted by clint reiser on september 6, 2017 no comments. Highjump software to buy truecommerce highjump software said that the acquisition of which the financial terms were not disclosedwill complement its. Highjump acquired by german holding firm minneapolis. Highjump software appoints vice president of corporate. Paul venture capital and gemini partners are currently primary investors in highjump software. Highjump software acquires insight distribution software from coaxis, inc. Highjump software mergers and acquisitions summary mergr. Highjump software ceo aims to grow what 3m couldnt. Gbg, a provider of delivery management solutions for the directstoredelivery of consumer packaged goods. Two interviews, same day inoffice the company at this location was formerly known as vitech before the highjump acquisition. Zoom eyeworks selects highjump warehouse management system eden prairie, minn. Growth through acquisition is a critical component to highjumps corporate strategy. Highjump software provides supply chain management solutions that streamlines the flow of inventory and information of stocks. Highjump software, truecommerce edi solutions group.
Joe blauert, an eightyear veteran of highjump software, has been named as coo and will lead the company. The top 10 competitors in highjumps competitive set are michael mahoney blue yonder, manhattan associate, blujay, tecsys, kinaxis, logility, descartes, epicor, asap systems and 3pl. About 3m a global, diversified technology company every day, 3m people find new ways to. Companies can purchase only the functionality they need, then add more. Highjump software acquisition of beltek systems design 1 nov. Integrate everything from edi, to inventory management, to fulfillment, to digital storefronts and marketplaces, to your business system, and to whatever comes next. July 30, 2019 highjump is enabling online grocery delivery service good eggs with the. Highjump acquired by german holding firm minneapolis st. The acquisition inbrief last week korber ag announced that it had acquired highjump.
Highjump, a global provider of supply chain network solutions, has acquired redtail solutions, inc. Highjump software brings to 3m tremendous market knowledge and experience, strong industry and channel relationships, and proven. Highjump softwares acquisition of insight distribution software. Jul 08, 2014 in 2008, 3m sold highjump for, reportedly, much less to battery ventures, a bostonbased venture capital firm.
This is highjump software s first acquisition since unveiling an aggressive new corporate plan as an independent software provider after its divestiture from 3m. The transaction will result in a standalone company focused on providing supply chain solutions to a global customer base. Accellos software, a portfolio company of accelkkr, bought highjump in 2014 and the combined business assumed the highjump name. Acquisition expands 3m s health information systems capabilities. Pinnacle is a leading transportation management system tms provider specializing in the delivery of webbased, ondemand solutions. We support more than 14,000 customers in 77 countries, ranging from small businesses to global enterprises. Examining the highjump software acquisition logistics. Last year, highjump acquired evenex aps, a danish computer services and consulting. Global provider of supply chain management, wms, tms and ras software solutions.
Highjump, a global provider of supply chain network solutions, acquires redtail solution, inc. The deal, terms of which were not disclosed, is subject to regulatory approval and approval by highjump softwares shareholders. Mmodal is a leading healthcare technology provider of cloudbased, conversational artificial intelligence ai. Paul, mn january 6, 2004 3m announced this week that it has entered into a definitive agreement to acquire highjump software, a provider of supply chain execution software and solutions. Accellos software, a portfolio company of accelkkr, bought highjump in 2014 and the. The acquisition has been completed with effect from august 28, 2017, after receiving approval from the relevant antitrust authorities highjump specializes in the development of software solutions for supply chain management scm. Privately held highjump sells internetbased supply chain management software. The company was acquired by 3m in 2004 and recently completed its acquisition of pinnacle distribution concepts. Highjump software s strategy is to establish leadership positions in targeted industries, product categories, and geographies through an expanded product portfolio and worldwide. Highjump competitors, revenue and employees owler company.
Highjump software acquires insight distribution software. Paul, mn, has entered into a definitive agreement to acquire highjump software inc. The software company, known for its warehouse management barcode and radiofrequency technology, and more recently its rfid technology, will be part of 3ms industrial services and solutions division. May 28, 2015 though highjump had previously rolled out some smaller microcosms of ecommerce software, the nexternal acquisition greatly expands its capabilities by instantly upgrading to a fullfeatured, cloudbased package, said highjump chief marketing officer bill ashburn. I first became aware of korber in 2014 when the german holding company acquired inconso, a german supply chain software provider. Minneapolis, mn september 27, 2010 today, highjump software announced it has reached agreement to acquire truecommerce, a provider of businesstobusiness integration solutions. Click to read more about 3m launches fast track warehouse. Last week korber ag announced that it had acquired highjump. Highjump software today announced the appointment of robert martin as vice president of corporate development. Effective immediately, highjump becomes a subsidiary of 3m operating under the name highjump software, a 3m company. Highjump partners with leading analysts and media to provide you with the most up to date information on highjump and supply chain technology. Toyota industries acquires warehouse robotics developer wsj.
Highjump software is a global provider of supply chain management software that streamlines the flow of inventory and information from supplier to store shelf. Battery ventures, a venture capital and private equity firm, acquired highjump in 2008 from 3m corporation. Sep 27, 2010 highjump software to buy truecommerce highjump software said that the acquisition of which the financial terms were not disclosedwill complement its current suite of supplychain applications. Business wirehighjump software, a 3m company, announced today that it has acquired pinnacle distribution concepts inc. Highjump softwares sce systems are in use at more than 700 companies today.
Highjumps suite of warehouse management, business integration, transportation management and retaildsd solutions form a complete, powerful and adaptable platform that allow you to drive growth. Highjump, on the other hand, has always had a strong foothold in the 3pl industry as well as smalltomidsize customers. Highjump software acquires atlas products international. With this acquisition, highjump further expands its global footprint and extends its growing leadership position in the market for trading partner connectivity and omnichannel enablement. Ondemand services, accessed through a hosted model, are emerging as a preferred architecture for tms solutions. The highjump one platform provides broad support for browsers and devices and delivers a common experience across highjumps product lines. Highjump software to acquire truecommerce highjump.
Martin will lead highjump software s worldwide acquisition efforts. Jan 05, 2004 highjump will remain in its location following the acquisition. At highjump, were integrating our proven solutions for the warehouse, transportation and logistics ecosystem with emerging technologies from around our company and around the world to build the supply chain of the future. German technology firm buys highjump software star tribune. Data collection systems name was changed to highjump software in 1999. Business wirehighjump software, a 3m company, has completed its acquisition of global beverage group inc. Even if we have something, we like to expand on it, ashburn said in an interview. With the acquisition of highjump and the software companies inconso, dmlogic and aberle software, which already belong to the korber. It will report into 3ms industrial services and solutions division. About highjump software, a 3m company highjump software, a 3m company is a global leader in providing highly adaptable, bestofbreed supply chain execution solutions that streamline manufacturing and distribution from the point of source through consumption. About 3m a global, diversified technology company every day, 3m people find new ways to make amazing things happen. Highjump software acquires beltek systems design, a provider.
May 26, 2015 highjump is a global provider of supply chain management software and trading partner network technology that streamlines the flow of inventory and information from supplier to store shelf. Second was a technical interview with a few of the managers. Highjump believes that pinnacles freightlogic webbased tms, delivered today as an ondemand service, will position the software company among the leaders in meeting this market trend. I first became aware of korber in 2014 when the german holding company acquired inconso, a german supply chain. Behind the koerber grouphighjump acquisition logistics. List of 3m s 76 acquisitions, including acelity and mmodal create alerts companies people investors funding rounds acquisitions schools events hubs saved. Mmm announced today that it has entered into a definitive agreement to acquire highjump software inc. Building upon 3m s history of innovation, highjump software helps more than 1,300 clients worldwide drive growth and manage change. Highjump software, a global provider of supply chain management software, has announced it has acquired atlas products international, a united kingdombased provider of software as a service saasbased businesstobusiness b2b edi integration, secure data transfer, and einvoicing solutions. Our solutions will help you gain that competitive advantage needed to succeed. Highjump acquires beltek systems design news consumer.
Inconso is a tier one solution, like manhattan and jda, seifert says. Acquisition expands highjump softwares leadership position in direct store delivery software february 04, 2009 08. That, overall, is a smart bet, said heim, who sold highjump to 3m and now leads eden prairiebased 2ndwave software, a buyout firm that aims to grow tech firms through acquisitions. Highjump software is a global provider of adaptable supply chain execution sce solutions. This includes customers from highjump supply chain advantage, highjump direct store delivery, highjump enterprise 3pl, highjump warehouse edge, and prophesy transportation. Todays consumer has everhigher expectations for purchasing convenience, delivery speed, choice and adaptability. More than 4,500 customers worldwide have transformed their.
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