Oracle today said that it has acquired LogFire, which provides a cloud-based service companies can use to manage their product inventory. Terms of the deal weren’t disclosed.
The LogFire service will remain available for now. The team will join Oracle’s supply chain management cloud division.
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LogFire started in 2007 and is based in Atlanta. LogFire has more than 40 customers, including Glad, Ryder, and Sears. The service manages products for more than 250 stores, with 54 million transactions so far in 2016.
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Oracle’s competitors in the supply chain management business include SAP.
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