March 7 (Reuters) - AI-powered software maker Logility

Supply Chain Solutions ( LGTY ) said on Friday it had received

an unsolicited proposal to acquire all of its outstanding shares

for $15 a piece.

The Atlanta, Georgia-based company had entered a definitive

agreement earlier in January to be acquired by private

equity-backed Aptean for $14.30 per share.

The board reaffirmed its recommendation to shareholders to

vote in favor of the Aptean deal, which is backed by TA

Associates, Charlesbank, Insight Partners and Clearlake.

The company intends to engage in discussions with the

unsolicited bidder, but there can be no assurances a definitive

agreement or transaction will result from the proposal.

Reuters reported in December that Logility, previously known

as American Software, was exploring a sale and gauging takeover

interest from potential buyers, which include private

equity-backed technology companies.

Logility has a market value of around $478 million,

according to LSEG data, and provides software and technology

tools that help large companies manage their inventory,

manufacturing processes and supply chains.