TMW Systems announced it has acquired Innovative Computing Corporation.
TMW bought all the outstanding shares of privately-held BetaZone Inc., of which Innovative is a wholly owned subsidiary. Terms of the transaction were not made public.
"The Innovative name is well-respected and their systems power the operations of many successful carriers across North America," said David Wangler, President and CEO of TMW Systems, based in Cleveland, Ohio. "We already serve many customers jointly with ICC through our integrated products such as TMT Fleet Maintenance software, IDSC ExpertFuel, IDSC MatchAdvice and IDSC Netwise."
ICC customers will now have greater access to a broad set of business productivity and maintenance and optimization technologies, as well as the greater R&D and support resources of a larger organization, according to TMW.
"We will continue to sell, support and develop the ICC product line to protect our customer's technology and platform investments, a strategy that we have followed successfully with each of our previous company acquisitions," Wangler said.
TMW in recent years has bought up IDSC (Integrated Decision Support Corp.), which sold decision support software products to help fleets optimize routing, load matching and fuel programs; and TMT Software, which specialized in fleet maintenance software.
Since 1969, Innovative Computing Corporation has developed, maintained and supported enterprise operations software designed for the truckload carrier industry, running on IBM mid-range servers, notably the IBM System i or AS/400 platform. ICC serves hundreds of successful firms. The Enterprise Software (IES) application is offered in both on-premise and software-as-a-service (SaaS) versions. In recent years, ICC has taken its SaaS offering to market in two versions; one geared for smaller carriers with more than 20 trucks and the other suitable for much larger firms with more complex business requirements.
TMW bought all the outstanding shares of privately-held BetaZone Inc., of which Innovative is a wholly owned subsidiary. Terms of the transaction were not made public.
"The Innovative name is well-respected and their systems power the operations of many successful carriers across North America," said David Wangler, President and CEO of TMW Systems, based in Cleveland, Ohio. "We already serve many customers jointly with ICC through our integrated products such as TMT Fleet Maintenance software, IDSC ExpertFuel, IDSC MatchAdvice and IDSC Netwise."
ICC customers will now have greater access to a broad set of business productivity and maintenance and optimization technologies, as well as the greater R&D and support resources of a larger organization, according to TMW.
"We will continue to sell, support and develop the ICC product line to protect our customer's technology and platform investments, a strategy that we have followed successfully with each of our previous company acquisitions," Wangler said.
TMW in recent years has bought up IDSC (Integrated Decision Support Corp.), which sold decision support software products to help fleets optimize routing, load matching and fuel programs; and TMT Software, which specialized in fleet maintenance software.
Since 1969, Innovative Computing Corporation has developed, maintained and supported enterprise operations software designed for the truckload carrier industry, running on IBM mid-range servers, notably the IBM System i or AS/400 platform. ICC serves hundreds of successful firms. The Enterprise Software (IES) application is offered in both on-premise and software-as-a-service (SaaS) versions. In recent years, ICC has taken its SaaS offering to market in two versions; one geared for smaller carriers with more than 20 trucks and the other suitable for much larger firms with more complex business requirements.
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