HighJump Software acquires Evenex

HighJump Software bolsters EMEA presence by adding Denmark’s leading provider of business-to-business integration solutions to existing supply chain management suite.
By Modern Materials Handling Staff
July 17, 2013 - MMH Editorial

Today, HighJump Software announced it has acquired Evenex, a provider of business-to-business integration solutions. Offering more than 25 years of experience in electronic data interchange (EDI) and trading partner connectivity, Evenex enables organizations to optimize trade relations and exchange business documents across the value chain by open and flexible managed cloud services. Evenex has over 3,000 customers exchanging more than 375,000,000 documents every year and is the leading and preferred business-to-business integration provider in Denmark.

The Evenex trading partner integration solution complements HighJump Software’s existing supply chain application suite which includes warehouse management systems, transportation management systems, route accounting systems, manufacturing execution, mobile sales and EDI solutions. The acquisition of Evenex extends HighJump Software’s EDI capabilities into the EMEA region.

“HighJump Software is a great fit for Evenex because it shares a common focus recognizing the importance of EDI in efficient supply chain execution while providing us with broader solution and geographic footprints,” commented Ole Pedersen, Evenex CEO. “As a part of HighJump Software, we will have access to focused capital to grow in the Nordic region and beyond. I am excited for the Evenex team to join HighJump, while continuing to provide excellent service, support and product innovation to our customers.”

“We are excited to welcome the more than 3,000 Evenex customers and a dedicated group of new team members to the HighJump family,” said Russell Fleischer, HighJump Software CEO. “It is an important first step towards broadening our geographic coverage in Europe, and we look forward to driving organic growth as well as continuing to look for logical merger and acquisition opportunities.”



Subscribe to Logistics Management magazine

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your
entire logistics operation.
Start your FREE subscription today!

Recent Entries

The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that U.S. trade with its North America Free Trade Agreement (NAFTA) partners Canada and Mexico increased 8.2 percent from September 2013 to September 2014 at $102.2 billion.

NS said that the D&H lines it plans to acquire connect with the NS network at Sunbury, Pa. and Binghamton, N.Y. and give NS single-line routes from Chicago and the southeast U.S. to Albany, N.Y., which is in close proximity to NS’ Mechanicville, N.Y.-based intermodal terminal.

This follows a 1.6 cent decrease last week, which was preceded by a 5.4 gain the week before and stands as the first increase going back to the week of June 23, when the weekly average headed up 3.7 cents to $3.919 per gallon.

BNSF said that its 2015 capital expenditures will be allocated towards various areas of its business, including maintenance and expansion of the railroad to meet the expected demand for freight rail service, with 2015 representing the third straight year BNSF has invested a record annual capital expenditures investment.

While the ongoing labor negotiations between the International Longshore and Warehouse Union (ILWU) and the Pacific Maritime Association (PMA) ostensibly going from bad to worse, following the ILWU’s announcement late last week that it was halting negotiations from November 20 through November 30, a Congressional group last week penned a letter to PMA and ILWU leadership expressing concern over the state of the negotiations.

About the Author

Josh Bond, Associate Editor
Josh Bond is an associate editor to Modern. Josh was formerly Modern’s lift truck columnist and contributing editor, has a degree in Journalism from Keene State College and has studied business management at Franklin Pierce. Contact Josh Bond

Comments

Post a comment
Commenting is not available in this channel entry.