On the heels of purchasing merchandising software
DemandTec for $440 million, Big Blue is continuing the shopping spree to advance its smarter commerce strategy. IBM has just
announced the acquisition of
Emptoris, a cloud and on-premise analytics software that brings more intelligence to procurement and retail supply chain operations. Financial terms of the deal were not disclosed. Emptoris' software helps companies maximize financial performance and optimize commercial risk when it comes to supply chain and inventory management, procurement, sourcing and more in retail environments. For example, a global oil and gas company could use Emptoris to figure out how to source operations across suppliers. Emptoris has more than 350 customers in 75 countries.
Source: http://feedproxy.google.com/~r/Techcrunch/~3/3E0yoZC_0cs/
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