Wednesday, February 4, 2009

Coaxis Sells Insight Subsidiary to Minnesota Firm

Portland, Ore.-based vertical-market software developer Coaxis Inc. has sold its Insight Distribution Software subsidiary to HighJump Software Inc., HighJump announced Wednesday. Financial terms of the transaction were not disclosed. According to HighJump, Insight provides enterprise applications for the food and beverage distribution industries, and its product suite includes the RouteCenter, RoutePad and Playbook applications. HighJump said leading beer makers Anheuser-Busch and the Miller Brewing Co. both rate Insight a strategic partner. Headquartered in Eden Prairie, Minn., HighJump publishes supply chain execution applications. Coaxis is a privately held business.