Aspect, a global provider of cloud-based solutions for commodity trade and risk management, commodities data and decision support, has entered into a definitive agreement to be acquired by ION Investment Group, the companies announced today.

Andrea Pignataro, ION‘s CEO, said “The acquisition of Aspect increases our footprint in commodities and our portfolio of SaaS solutions.”

“ION’s long-term approach to product development and strategy is ideal for our culture of continuous innovation. I’m excited for what the future holds as we continue to expand our cloud offerings that enable our customers to solve their business challenges quickly and cost efficiently,” says Aspect CEO Steve Hughes.