Antares Vision Group Acquires Supply Chain Visibility Company ACSIS
Antares Vision Group (AVG), a leading global provider of hardware and software track and trace solutions and one of the major players in inspection systems and smart data management, today announced that it had acquired ACSIS Inc. through its fully controlled company rfxcel for an enterprise value of $12 million.
Founded in 1996, ACSIS has been providing solutions and services to Fortune 1000 manufacturing companies with some of the most complex and highly regulated supply chains in the world for more than 20 years. It delivers innovative software solutions and services to companies with complex warehouse, distribution, and packaging challenges, assists with their data collection requirements for track and trace and inventory optimization through their supply chains, and delivers seamless integration of information to their ERP systems. ACSIS has had zero churn among its Top 10 customers, which include DuPont, Cintas, BIMBO, Hershey and Coca-Cola. AVG will retain ACSIS’ highly experienced and proven executive team.