Z2Data, a leading provider of supply chain risk management (SCRM) solutions, announced the acquisition of AMSYS, a German company with a subsidiary in Romania recognized for its expertise in life cycle management, obsolescence risk mitigation, and compliance data automation.
The acquisition strengthens Z2Data’s mission to deliver a unified SCRM platform that empowers organizations to proactively reduce risk across product development, sourcing, and regulatory operations.
Z2Data CEO Mohammad Ahmad said:
“AMSYS has built a strong reputation helping companies manage risk through structured tools and processes. Joining forces expands our presence in Europe and strengthens our ability to deliver end-to-end solutions that help customers act faster and manage risk more effectively. We are excited about what we will build together and warmly welcome the AMSYS team to the Z2Data family.”
Also Read: TrueCommerce appoints Bill Glass as Chief Executive officer
Bolstering Risk Intelligence Across the Product Life Cycle
Founded in 2014, AMSYS has built a strong presence in the aerospace, defense, railway and transportation as well as automation, medical and electronics industries by helping organizations manage product life cycle, obsolescence and compliance risk. Its Life Cycle Management (LCM) Client is a widely used solution that delivers life cycle data, risk identification, and advanced workflow-based case management—empowering cross-functional teams to mitigate disruptions before they occur.
SOURCE: Businesswire