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pranaglobal.com

Founded Year

2003

Stage

Acquired | Acquired

About Prana Consulting

Prana Consulting provides consulting services in the focused area of supply chain system implementation.On February 26th, 2020, Prana Consulting was acquired by Kinaxis. Terms of the transaction were not disclosed.

Prana Consulting Headquarter Location

2975 Bowers Ave #303

Santa Clara, California, 95051,

United States

408-727-6344

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Latest Prana Consulting News

Kinaxis shares rise after acquisition of India-based Prana Consulting

Feb 26, 2020

By The Canadian Press Wed., Feb. 26, 2020timer1 min. read OTTAWA - Shares of Kinaxis Inc. shot up about 15 per cent after the company announced it had acquired India-based Prana Consulting Inc. to boost its global supply chain business. Ottawa-based Kinaxis says the deal adds a skilled team and creates a regional hub from which it could expand services in the region. Its shares were up $15.08, or 15 per cent, at $115.58 in midday trading on the Toronto Stock Exchange. Company CEO John Sicard says Kinaxis has worked with Prana for 15 years and the team is familiar with Kinaxis’ proprietary logistics software. A day earlier, the company reported a profit of US$7.8 million, or 29 cents a share, up from US$2.9 million or 11 cents per share for the same quarter a year earlier. Kinaxis provides logistics and supply chain support to a range of industries. This report by The Canadian Press was first published Feb. 26, 2020. Companies in this story: (TSX:KXS) Get more business in your inbox Get the business news and analysis that matters most every morning in our Star Business email newsletter.

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