SmartSights acquires Sage Clarity in Austin, September 2024
- SmartSights has acquired Sage Clarity, enhancing its operational intelligence software capabilities.
- Sage Clarity provides real-time visibility into manufacturing operations through its suite of applications.
- The acquisition aims to deliver greater efficiencies and value to customers in the manufacturing sector.
On September 16, 2024, SmartSights, a company specializing in operational intelligence software, announced its acquisition of Sage Clarity, a provider of applications for analyzing manufacturing activity data. This strategic move aims to enhance SmartSights' offerings by integrating Sage Clarity's real-time analytics capabilities into its existing platform. The acquisition is backed by Capstreet, a private equity firm, although the financial terms of the deal were not disclosed. Sage Clarity, founded in 2011 and based in Chicago, offers solutions that provide visibility into facility operations, enabling better decision-making for both operators and executives. The integration of Sage Clarity's technology is expected to improve operational efficiencies across the supply chain, allowing customers to better manage their manufacturing processes. Corey Rhoden, CEO of SmartSights, expressed enthusiasm about the acquisition, highlighting the potential for enhanced issue management and root cause analysis through the combined software platform. This integration is seen as a natural fit that will deliver higher value to customers who rely on SmartSights' products for maintaining their manufacturing operations. John Oskin, Founder and President of Sage Clarity, noted that the partnership would position the company to better assist businesses in leveraging their data for streamlined operations. The collaboration is anticipated to strengthen the combined product portfolio, ultimately benefiting customers and driving growth for both companies.