Paragon Technologies acquires Innovative Automation
Acquisition to enhance WCS and WMS offerings of Paragon's subsidiary, SI Systems.
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SI Systems, a material handling systems solutions provider and a wholly owned subsidiary of Paragon Technologies, has announced that it has acquired Innovative Automation, a leading provider of warehouse control systems (WCS) and warehouse management systems (WMS) solutions, based in San Diego, California.
The acquisition of IA represents a strategic shift for SI Systems as it begins to transition its market strategy to the growing markets for enhanced distribution and order fulfillment solutions.
According to a release, the IA WCS and WMS products bring a unique approach and solution to the material handling software market. “A truly versioned software product such as this fits well with the SI Systems model and strategy of focusing on distribution through regional integrators,” stated Larry Strayhorn , president and CEO of Paragon. “This will enable SI Systems to expand its order fulfillment technology suite and offering to a growing market segment.”
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