DAI: Supply chain technology company expands with $133.5M acquisition

Supply chain technology company Dematic is expanding its software offerings with the acquisition of a UK-based company that specializes in logistics automation software. Atlanta-based Dematic supplies integrated automated technology, software and services for the supply chain industry. Dematic parent Kion Group AG acquired Digital Applications International Ltd. (DAI) on behalf of Dematic, the company announced. The deal was valued at around $133.57 million (120 million euros), making it Kion's...