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Eka acquires stake in commodity handling software specialist MatrixGroup

First Published 16th July 2013

Eka extends commodity management platform with Matrix Group partnership

Adelaide/Calgary/Norwalk/London/Bangalore - Eka Software Solutions, the provider of end-to-end commodity solutions, has extended its commodity management platform with MatrixGroup, the automated commodity handling software vendor.

Manav Garg, Eka CEO and founder, commented: "Our investment in MatrixGroup is a natural progression of growth for Eka as the leading provider of end-to-end commodity management solutions. MatrixGroup's long-standing customer relationships and market-leading solutions extend Eka's already deep experience in providing high-value commodity solutions. Both firms' customers will benefit from increased margins through tighter controls in the commodities supply chain."

Alan Hurdsman, MatrixGroup's CEO, said: "Partnering with Eka and leveraging their advanced R&D knowledge perfectly aligns with our vision of offering leading-edge commodity handling systems which address our clients' critical requirements. This investment means we can respond to our clients' needs in the future and accelerate our expansion globally."