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he deal comes at a time when global supply chains have seen significant disruptions due to geopolitical turmoil and natural disasters. Major corporations are ramping up spending and looking to create resilient supply chains in a bid to minimize risk.
Avetta’s software helps companies monitor their supply chains. Founded in 2003, the Lehi, Utah-based firm’s offerings are used in more than 130 countries, according to its website.
Source: Reuters
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