Logistics software group WiseTech Global has acquired Swedish messaging solutions provider Xware Global as part of its strategy to accelerate adoption and encourage wider digitisation within the logistics industry.
Xware will remain under the leadership of Jonas Ericsson and founder Anders Lyckosköld.
Xware’s interoperable messaging solution xTrade links organisations to their suppliers and partners to enable the safe sharing of information across applications, between businesses, managed file transfers, business process management and IoT.
“We are acquiring Xware to enhance our messaging gateway and ensure we have greater control over the future development, quality and scalability of this key messaging technology,” said WiseTech chief executive and global founder Richard White.
“This adjacency acquisition will also expand our innovation resources, deliver benefits to our customers and improve partner channel capacity for integrations to CargoWise platforms.”