Israeli shipping giant ZIM has teamed with Israeli startup Sodyo to establish ZIMARK, a technology-based company to provide next generation scanning solutions for the logistics and supply chain sectors, ZIM announced Monday.
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ZIM will also make a direct equity investment in Sodyo.
ZIMARK will be led by Karin Levy as CEO.
Eli Glickman, CEO of ZIM, said, "ZIMARK's new disruptive technology has the potential to revolutionize scanning, with an impact on shipping and logistics consistent with landmark innovations that have transformed other industries including the introduction of color images in broadcasting. ZIMARK will create a new global standard."
Sodyo CEO Alon Raz said, "The new company brings together the best of both worlds – ZIM's logistics expertise and Sodyo's technology – to create new opportunities in the market."
