Manufacturing software maker QAD has acquired Precision Software for its transportation management software solutions.
The $14.5m (£8m) deal will see Dublin-based Precision operate as an independent division of US-based QAD.
“The synergies created by this new combination will help further improve our customers' competitive advantage,” said QAD chairman and president Pamela Lopker.
Precision’s transportation management products will be offered as integrated solutions to QAD’s enterprise resource planning (ERP) systems.
Precision already supplies transportation management software systems, including global trade management and international regulatory compliance solutions, to more than 900 customer sites in 55 countries.
QAD and Precision had already been technology partners before the acquisition.
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