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HIGHJUMP BUYS ATLAS PRODUCTS Featured

Allan Gray, Atlas Products International On heels of the purchase of HighJump Software by Accellos, the surviving company, now called HighJump, has bought United Kingdom-based-Atlas Products International. Atlas markets EDI and e-invoicing products. The U.K. company’s system is built on the Atlas Exchange, a secure document exchange that provides what is described as a “connect-once, access-all” network for retailers, manufacturers, suppliers and logistics service providers. Terms were not disclosed. 

Atlas also provides a SaaS-based Supplier Portal that synchronizes the network’s product catalogs and handles the electronic invoice exchange and settlement between members of the networks. Atlas is headed by managing director Allan Gray. He held that position from January 1991 through December 1997 and then  returned in January 2001. These deals are presumably being driven by the investment from Accel-KKR, which purchased a majority interest in Accellos last year.

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