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IBM acquires spend management company Emptoris

By | December 15, 2011, 6:14am PST

Summary: Emptoris’ verticals—consumer products, financial services, healthcare, telecom, utilities and manufacturing—match up with IBM’s.

IBM said it has acquired Emptoris, a cloud-based supply chain analytics company, for an undisclosed sum.

Big Blue said it will wrap Emptoris into its smarter commerce initiative.

Emptoris has 350 customers around the world and 725 employees. The company’s verticals—consumer products, financial services, healthcare, telecom, utilities and manufacturing—match up with IBM’s.

In addition, Emptoris’ spend management software fills out the buy side of IBM’s commerce efforts.

The deal is expected to close in the first quarter.

Here’s a diagram outlining Emptoris’ Suite V9, its flagship software.

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Topics

Emptoris Inc, IBM Corp., Tools & Techniques, Supply Chain Management (SCM), Telephony, Financial Planning, Manufacturing, Management, Enterprise Software, Software, Networking, Finance, Larry Dignan

Larry Dignan is Editor in Chief of ZDNet and SmartPlanet as well as Editorial Director of ZDNet's sister site TechRepublic.

Disclosure

Larry Dignan

Larry Dignan has nothing to disclose. He doesn’t hold investments in the technology companies he covers.

Biography

Larry Dignan

Larry Dignan is Editor in Chief of ZDNet and SmartPlanet as well as Editorial Director of ZDNet's sister site TechRepublic. He was most recently Executive Editor of News and Blogs at ZDNet. Prior to that he was executive news editor at eWeek and news editor at Baseline. He also served as the East Coast news editor and finance editor at CNET News.com. Larry has covered the technology and financial services industry since 1995, publishing articles in WallStreetWeek.com, Inter@ctive Week, The New York Times, and Financial Planning magazine. He's a graduate of the Columbia School of Journalism and the University of Delaware.

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