Subscribe to our free, weekly email newsletter!


Savi Technology acquired by LaSalle Capital

Acquisition reflects the strong market for logistics informatics solutions.
By Modern Materials Handling Staff
September 25, 2012

Savi Technology, a leading logistics informatics solution provider, has been acquired by affiliates of LaSalle Capital of Los Angeles. The acquisition reflects the strong market for logistics informatics solutions worldwide and will allow Savi to aggressively pursue global opportunities aligned to its products, solutions and services. Terms of the transaction were not disclosed.

“Savi Technology has been at the forefront of innovation in logistics and supply chain for 23 years,” said Charles Meyer, president of LaSalle Capital.  “We look forward to working with management in accelerating growth and expanding Savi’s opportunities and offerings to support its important customers as an independent business.”

William Clark, president and CEO of Savi Technology, said “Savi is continuing to support some of the world’s most complex supply chain and logistics requirements at an exciting time for our customers and our market. We look forward to working with LaSalle Capital and to continuing our history of innovation with Savi’s state of the art logistics informatics platform. We are in the final stages of completing several new solutions that we expect to be introducing in the near future.”

Logistics informatics is a rapidly emerging technology market focused on the location, security, physical condition, and business status of physical objects as they move across geography or are utilized in a business process or transaction. Logistics informatics has evolved from the supply chain automation market and provides organizations with a factual foundation for real-time business decision-making. At the core of logistics informatics are “sense and respond” technologies that wirelessly track and monitor assets of high value to an organization.

Logistics informatics includes specialized hardware used to “tag” and “read” assets, software to consolidate data from readers, specialized applications such as warehouse management or cargo tracking systems, and advanced reporting and analytic applications that improve enterprise decision making.

“Savi Technology has been a pioneer in the application of sense and respond technologies to the complex challenges of distributed, global and mission-critical supply chain logistics,” said Michael Fauscette, Software Business Solutions Group vice president at IDC, a global provider of marketing intelligence and advisory services for the IT industry. “Savi has helped military and commercial organizations alike utilize more effective asset tracking and management to contain operating costs, improve logistics performance and to foster better decision making through real-time, fact-based information.”

Subscribe to Modern Materials Handling magazine

Subscribe today. It's FREE!
Find out what the world’s most innovative companies are doing to improve productivity in their plants and distribution centers.
Start your FREE subscription today!

Recent Entries

This complimentary white paper addresses areas of potential benefit to a grocery distributor considering an investment in automated case picking technology.

In 2015, a new era in shipment pricing will go into effect when major carriers implement dimensional ("dim") weight pricing for all ground packages regardless of their size. This complimentary white paper, "Dimensional Weight: Don't Let it Weigh You Down", can help you optimize your packaging operation to minimize the financial impacts of dimensional weight pricing.

Replacing older, less-efficient lift trucks at the right time can reduce your maintenance costs, improve your productivity and, most importantly, save money and maximize your return on investment. So how do you determine the right time to make a new, significant purchase? Download this complimentary white paper for guidance on how to determine the ideal time to replace lift trucks and how planned replacement can benefit your operation.

The prolonged operating hours of automated distribution operations leave limited time for maintenance. For tightly-scheduled fulfillment operations, unplanned downtime not only cuts into slim profit margins, it jeopardizes future business and customer loyalty. Download this complimentary white paper to learn five mission-critical benefits of implementing a resident maintenance program.

Debut of Pharma EXPO plays crucial role in increase.

About the Author

Josh Bond, Associate Editor
Josh Bond is an associate editor to Modern. Josh was formerly Modern’s lift truck columnist and contributing editor, has a degree in Journalism from Keene State College and has studied business management at Franklin Pierce. Contact Josh Bond


© Copyright 2013 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA