DEUSTSCHE POST BUYS 1% STAKE IN LOGISTICS SOFTWARE FIRM
Deutsche Post World Net, the German postal service and logistics group, has bought a 1-percent stake in the Atlanta, Ga.-based software company Viewlocity.
Viewlocity provides software systems integration for complete logistics chains internationally.
Deutsche Post said that the software firm “is a one-source provider of IT solutions for a fast-growing industry.”
Through its stake in the company, Deutsche Post aims to acquire know how and enhance its competencies in the area of eBusiness.