FarEye acquires logistics start-up PY Technology

Delhi-based RoboticWares, which owns and operates SaaS logistics platform FarEye, has acquired logistics technology start-up PY Technology. The financial terms of the deal were not disclosed. The deal will help FarEye strengthen its solution engineering execution to increase value for customers and build an internal incubation cell. PY Technology develops enterprise resource planning solutions for the logistics industry. The start-up offers end-to-end logistics technological solution, a cloud-based platform, warehouse management and a tracking transport system.