Magaya Acquires Best-in-Class Customs Compliance Provider ACELYNK
Miami, FL – August X, 2020 – Magaya Corporation, the leading provider of end-to-end logistics and supply chain automation software, announced today that is has acquired ACELYNK, a leader in customs compliance software for the logistics industry. The acquisition provides a perfect complement to the Magaya ecosystem with a best-of-breed automation commercial environment (ACE-certified) automated broker interface (ABI) solution focused on compliance, security, and technology.
“Today is an exciting day for ACELYNK,” said Matthew Fotouhi, Founder and CTO of ACELYNK. “The ACELYNK team and I look forward to joining and collaborating with the Magaya team. We share a steadfast commitment to customer success with the Magaya team and are thrilled to bring the combined power of the Magaya platform and the advanced customs compliance functionality from ACELYNK to the logistics industry.”
As the logistics and supply chain industry continues to shift, players in the market are looking for ways to keep costs in check and gain a rapid return on investment – now more than ever. The unified Magaya and ACELYNK solutions will deliver a significant competitive advantage for current and future customers, ensuring compliance while reducing costs and increasing operational efficiency.
“After an extensive evaluation, ACELYNK clearly stood out as the best ABI solution provider on the market,” said Gary Nemmers, CEO of Magaya. “The acquisition of ACELYNK is part of a strategy of carefully selecting and integrating cutting-edge technology that will fuel customer success and contribute to company growth.”
The acquisition of ACELYNK will enable Magaya to serve a larger customer base and broaden its offering to include a leading cloud-based ABI solution. Providing access to a U.S. Customs-certified portal for ACE filings and Customs House Brokerage (CHB) management, the addition of ACELYNK delivers a unique feature depth currently unmatched on the supply chain software market. Built to accommodate businesses from small to enterprise level, ACELYNK and Magaya will deliver an innovative, all-in-one supply chain automation platform.
Magaya Corporation develops the leading platform in logistics and supply chain automation, delivering robust functionality to more than 1,700 freight forwarders, 3PL providers, NVOCCs, warehouse managers, and courier companies. Our Magaya Supply Chain solution, combined with our collection of apps and extensions, is a powerful ecosystem that enables logistics and supply chain businesses to streamline complex and redundant processes, optimize productivity, reduce costs, and grow revenue. At Magaya, we are passionately devoted to ensuring our customers’ success through our innovative solutions and comprehensive array of related professional services. We take great pride in our people, experts in the field of logistics automation, who are always willing to go the extra mile for our customers. Visit magaya.com to learn more.