October 2, 2023 4:52 am
American Software Announces Divestiture of Information-Technology-Consulting Firm

American Software has announced that it is selling its information-technology-consulting firm, The Proven Method, to Marathon TS. This decision reflects American Software’s focus on the technology-supply-chain industry. American Software, known for its development of demand-driven supply-chain-management and enterprise-software solutions, has not disclosed the financial details of the agreement, which officially closed on September 18.

The sale of The Proven Method will allow American Software’s operating entity, Logility, to further expand its AI-first supply chain management platform. This strategic move aligns with American Software’s commitment to enhancing its technology-supply-chain offerings and emphasizes its dedication to providing state-of-the-art solutions for its clients in the industry.

For more information, please contact Sabela Ojea at sabela.ojea@wsj.com.

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