Manhattan Associates, Inc., the global leader in providing extended supply chain execution solutions, and Logistics.com, the leader in integrated logistics planning and execution solutions for shippers and carriers, announced that Manhattan Associates has acquired certain Logistics.com assets from Internet Capital Group for a one-time cash payment of approximately $20 million.

This acquisition will bridge the gap between transportation planning and execution, greatly expand Manhattan Associates' existing transportation management solutions and further strengthen the Company's leadership position in the global supply chain execution market. Logistics.com's integrated transportation solutions give users the ability to buy, sell, manage and optimize transportation services. More specifically, these solutions cover shipper and carrier management and contractual and spot procurement across all modes of transportation-domestic and international.

For customers, the benefits derived from these solutions and Logistics.com's singular focus on transportation include:

- Lower costs - overall transportation spend, inventory and administration
- Improved customer service - quality, compliance and delivery
- Information and shipment visibility - reporting, tracking and alerts
- Deep domain expertise - truckload, less-than-truckload, air and ocean

"The combined solutions and resources of Manhattan Associates and Logisitcs.com provide the industry with the broadest suite of integrated supply chain execution solutions, which will greatly benefit our collective customers," said Manhattan Associates' President and CEO Richard Haddrill in announcing the acquisition.

"Through this acquisition, our customers will gain access to Logistics.com's functionally robust transportation solutions, which effectively manage the single largest and most controllable cost in the supply chain transportation, while Logistics.com's customers can take advantage of our industry-leading x-SCE solutions."

Logistics.com delivers logistics planning and execution solutions that guarantee cost savings to shippers and carriers, while maximizing service and improving capital utilization.

Manhattan Associates, Inc., is the global leader of extended supply chain execution solutions. The Company enables operational excellence through real-time collaboration, execution and optimization. Manhattan Associates has licensed more than 800 customers representing 1,100 facilities worldwide, which include some of the world's leading manufacturers, distributors and retailers.