TrueCommerce Inc. has agreed to purchase Datalliance, a cloud-based technology provider for the inventory management subsector. Financial terms of the deal were not disclosed.

Datalliance provides software-as-a-service (SaaS) vendor managed inventory (VMI) technology to suppliers and their customers, which include distributors, retailers, OEMs, and product-end users across a variety of industries. The Cincinnati, Ohio-based company also offers special pricing reconciliation and a third-party service that helps to streamlines the process of managing special pricing agreements between suppliers and distributors. Datalliance was founded in 1991 and previously operated under the name Enterprise Data Management Inc.

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