- THE MAGAZINE
Chainalytics announced the acquisition of Sydney, Australia-based Logiworx. Since 2009, Chainalytics and Logiworx have partnered in multiple supply chain management projects in the Asia-Pacific region. Chainalytics also gains verticals such as mining, metals, oil and gas, as well as extending capacity in supply management and procurement of direct and indirect materials.
Chainalytics will center its Asia-Pacific operational division around the Logiworx practice. Logiworx partner and co-founder Tim Foster will remain with the firm and take on the role of managing director at Chainalytics for Asia-Pacific.
Logiworx’ experience includes engagements with global companies and brands including Clorox, Nissan, LG, Komatsu and others.