ATLANTA--(BUSINESS WIRE)--Apr 4, 2025--
Logility Supply Chain Solutions, Inc. (Nasdaq: LGTY) (“Logility”) today announced the completion of its acquisition by Aptean, Inc. (“Aptean”), a global provider of mission-critical enterprise software solutions, for $14.30 per share in cash. The acquisition was originally announced on January 24, 2025, and was approved by Logility shareholders on April 3, 2025. As a result of the consummation of the acquisition, Logility’s shares of common stock will no longer be listed on The Nasdaq Global Select Market or any other public market. Additional details can be found in the Current Report on Form 8-K filed by Logility today with the Securities and Exchange Commission.
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Advisors
Lazard is serving as financial advisor to Logility, and Jones Day is serving as legal counsel. Orrick is serving as legal counsel to Aptean.
About Logility
Logility is a leading provider of AI-first supply chain management solutions engineered to help organizations build sustainable digital supply chains that improve people’s lives and the world we live in. The Company’s approach is designed to reimagine supply chain planning by shifting away from traditional “what happened” processes to an AI-driven strategy that combines the power of humans and machines to predict and be ready for what’s coming. Logility’s fully integrated, end-to-end platform helps clients know faster, turn uncertainty into opportunity, and transform supply chain from a cost center to an engine for growth. With over 500 clients in 80 countries, the Company is headquartered in Atlanta, GA. Learn more at www.logility.com.
About Aptean
Aptean is a global provider of industry-specific software that helps manufacturers and distributors effectively run and grow their businesses. Aptean’s solutions and services help businesses of all sizes to be Ready for What’s Next, Now®. Aptean is headquartered in Alpharetta, Georgia and has offices in North America, Europe and Asia-Pacific. To learn more about Aptean and the markets we serve, visit www.aptean.com.
Aptean and Ready for What’s Next, Now are Registered Trademarks of Aptean, Inc. All other company and product names may be trademarks of the respective companies with which they are associated.
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BRUSSELS (AP) — NATO’s top military officer is weighing alternative plans to defend Europe should it come under attack from Russia, after the United States announced that it is cutting the number of aircraft and warships that it would provide in a security crisis.
The so-called NATO Force Model is Plan A for making forces from the 32 member nations available in times of peace, crisis or war. It sets out the military assets that commanders can call on in phases over the first six months of any conflict.
But last month, the Pentagon warned its NATO allies that it would be scaling down its commitment to focus on potential threats elsewhere, notably from China in the Indo-Pacific region.
European countries and Canada had waited impatiently for over a year for the Trump administration to detail its plans after it warned that Europe is no longer a top U.S. security priority. They knew cuts were coming, but not how big, fast or what kind.
U.S. Gen. Alex Grynkewich, NATO’s supreme allied commander, said that “the United States is still committed to providing limited but critical capabilities to the alliance.”
“We need to focus on things that we can acquire quickly, that we can field quickly, and that we can scale rapidly and sustain over time, and that goes for long-range fires” as well as drones, Grynkewich said at the ILA Berlin Air Show on Thursday.
“Those sorts of things can help us mitigate the near-term risk should we find ourselves needing to deter and defend,” he added.
After allies met on June 2-3 to assess gaps left by the U.S. move, Grynkewich said that European allies and Canada should fill them by supplying manned and unmanned aircraft, and with naval vessels. It should happen “now and in the near term,” he said.
The precise nature of the cuts remains secret, but media reports in Germany and the U.S. suggest that an aircraft carrier with its support group of warships and aircraft as well as a submarine would leave the European theater. Aerial refueling planes and dozens of fighter jets would no longer be available.
All are in short supply in Europe, and it’s unclear where they might be found in a hurry. Still, Washington wants to know how its allies intend to backfill these assets by the time President Donald Trump and his NATO counterparts meet for a summit in Turkey on July 7-8.
On Friday, NATO military headquarters announced that it will cut back its security force in Kosovo by withdrawing some troops and equipment. KFOR began deploying in 1999 to keep the peace between Kosovo and Serbia.
Once composed of 50,000 personnel, KFOR has been routinely scaled back over the years as tensions eased, although 1,000 additional troops were deployed there in 2023, after fresh violence erupted.
“The current conditions provide an opportunity to optimize KFOR’s size and posture further,” Grynkewich said. His team declined to say what forces might leave and whether any Americans would go.
“It’s not about numbers, it’s about optimization, and about ensuring the safety and security of all people living in Kosovo, and more broadly the region,” his spokesman said.
The United States currently has 590 troops deployed with KFOR, second only among its 31 contributing nations to Italy, with 907 personnel. U.S. Black Hawk helicopters are also stationed at the sprawling U.S. base there, Camp Bondsteel.
In any case, Grynkewich said in Berlin that intelligence reports and Russian troop movements suggest “Russia is not looking for a conflict with NATO.” Russia is also currently bogged down in the war on Ukraine and struggling to recruit enough troops.
Governments and intelligence services in Europe have warned that Russian President Vladimir Putin could be in a position to launch an attack elsewhere on the continent within three to five years, especially if he wins in Ukraine.
Associated Press writers Kirsten Grieshaber in Berlin and Zana Cimili in Pristina, Kosovo, contributed to this report.
F/A-18 Hornet multi-role fighters of the Finnish Air Force take off from a road strip during NATO's Ramstein Flag 26 exercise in Tervo, Finland, Wednesday June 10, 2026. (Matias Honkamaa/Lehtikuva via AP)
A F/A-18 Hornet multi-role fighter of the Finnish Air Force lands on a road strip during NATO's Ramstein Flag 26 exercise in Tervo, Finland, Wednesday June 10, 2026. (Matias Honkamaa/Lehtikuva via AP)
