08:29 AM EDT, 05/01/2025 (MT Newswires) -- Tecsys ( TCYSF ) on Thursday said it has acquired assets from Pivotree ( PVTRF ) that include select customer contracts and intellectual property for $2.7 million.

Tecsys ( TCYSF ) has also established a subsidiary in India. The team there will support warehouse management system (WMS) solutions. It currently delivers services to enterprise customers, including FORTUNE 100 companies, a statement noted.

The newly acquired team from Pivotree ( PVTRF ) will also support product development and boost Tecsys' ( TCYSF ) global support coverage.

"Expanding our footprint in APAC is a significant step forward in our strategic roadmap, allowing us to scale and innovate more quickly," said Chief Executive Peter Brereton. "It also enables us to better serve our global customers by engaging a group of professionals with well-established critical domain expertise in warehouse management and supply chain."