ICT Group acquires logistics software company Modality

Acquisitions

Summary

ICT Group has acquired 100% of the shares of Modality Software Solutions, a company specialising in IT systems for intermodal container logistics. Modality, based in Barendrecht in the Netherlands, provides software for transport management (TMS) and container terminal operations (TOS), including integrated interfaces with key players in the intermodal chain, such as sea terminals, shipping companies, customs, and Portbase. The company serves inland terminals and a range of barge, rail, and truck operators. “We see the step to become part of the ICT Group as a huge opportunity to further strengthen our ambitions within the market, where we already operate as a market leader,” said Jan Sekeris, managing director of Modality. “We know ICT Group as a highly professional and technically skilled party with a no-nonsense mentality that fits in very well with ours.

Classifications

industries
HealthTech
applications
AI & Machine learning

AskAI Classifications

Labels
Logistics Software Supply Chain Management Software SaaS

Linked Companies

Modality
$1M to $5M