Oracle acquires LogFire for cloud-based warehouse management

Oracle announced Tuesday it's acquiring LogFire, an Atlanta, Ga.-based company that provides cloud-based warehouse management applications to boost supply chain efficiency.

LogFire, which is used by 40 companies including Glad and Ryder rental trucks, will remain available. The company claims expertise in installing Tier 1 warehouse management solutions (WMS) and having the software to power it.

The LogFire team will be integrated into Oracle's Supply Chain Management (SCM) division.

"Oracle will leverage our expertise in the cloud-based warehouse management space while we integrate into Oracle Supply Chain Management (SCM) Cloud's broad suite of innovative applications that enables supply chain organizations to modernize their supply chain processes," wrote Diego Pantoja-Navajas, founder and CEO of LogFire, in a statement.

Terms of the deal weren't disclosed.

"The addition of LogFire will complement the logistics functionality of the Oracle SCM Cloud by adding cloud-based warehouse management capabilities," wrote Rick Jewell, SVP of Oracle SCM Applications Development, in a statement.