Enterprise supply chain design and decision-making solutions provider LLamasoft has  acquired Opex Analytics, a Chicago-based provider of artificial intelligence (AI) solutions. The acquisition was backed by TPG Capital, Goldman Sachs, and MK Capital.

Opex Analytics will continue to operate under the Opex Analytics brand, LLamasoft said in a statement. Razat Gaurav will lead the combined company as the CEO of LLamasoft. Mike Watson and Ganesh Ramakrishna will co-lead the Opex Analytics business unit.

[Image courtesy: Opex Analytics]