Datalliance, an independent provider of vendor managed inventory (VMI) and other e-commerce services, announced that it will acquired the assets of HDeXchange, Inc. (HDX), a provider of e-commerce solutions to the heavy duty truck parts supply chain. Datalliance will assume control of all activities related to both HDeXchange, and its wholly-owned subsidiary, HDX Services.
Datalliance will retain Edward Kuo as executive director of HDX on a long-term basis, and the services of the current HDX Board of Directors on a short-term basis.
“Datalliance has been one of HDX’s best supporters over the years as both a customer and a vendor partner, so this is an ideal fit,” said Jay Johnston, Chairman of the HDX Board. “HDX will benefit from the years of experience Datalliance has in running a technology-based company, as well as the additional strategic and financial resources it brings to the table,” he added.
The acquisition will be effective September 1, 2008. HDX headquarters will remain in Ada, Mich., with some administrative services being transferred to Datalliance headquarters in Cincinnati, Ohio.