Distribution software maker Tecsys buys Streamline

Industrial Distribution staff -- Industrial Distribution, 12/7/2007 5:03:00 AM

The Montreal-based supply chain management software maker said Brantford, Ontario-based Streamline, which provides software, professional and support services and hardware and networking technology to small and mid-market industrial distributors, will become one of its divisions.

"We made the decision over a year ago to become tightly focused on specific, profitable vertical markets within the supply chain execution space. Streamline fits right into this, with an excellent solution and unique expertise for industrial distributors in Canada and the U.S. that will strengthen our major push into this sector,” President and CEO Peter Brereton said. “Tecsys will benefit from an additional eighty accounts and a new growth platform, while Streamline clients will benefit from the added reach of the Tecsys sales and marketing team and the opportunity to tap into our existing R&D resources and technology.”