IBM has acquired Emptoris for increased business to business and consumer experience

IBMThe technology giant International Business Machines Corp. (IBM) has been agreed to acquire Burlington’s Emptoris Inc., a provider of cloud analytics software that helps companies in making supply-chain operations more efficient, in another bid to fill out its mounting catalog of business-to-business and business-to-consumer business. It is the 20th acquisition of the Massachusetts’s company since 2003.

The acquisition started in March 2011. Terms were undisclosed.

Emptoris has 725 employees and 350 customers in 75 countries.

IBM said in a statement:

With this acquisition, IBM builds on its capabilities in the “buy” aspect of Smarter Commerce and extends it to a new line of c-suite executives – chief procurement officers. This growing list of decision makers includes chief information officers, chief financial officers, chief supply chain officers and chief marketing officers. Procurement and sourcing professionals increasingly need better supplier management, spend analysis and contract management solutions to lower sourcing costs and risks. Emptoris is a leader in delivering these benefits by automating vendor selection, negotiation, management and compliance.

“IBM is continuing to deliver innovative solutions to help organizations put the customer at the center of their business operations,” said Craig Hayman, General Manager of Industry Solutions at IBM. “Procurement is being asked to show how it can deliver value to the organization. Adding Emptoris strengthens the comprehensive capabilities we deliver and enables IBM to meet the specific needs of chief procurement officers.”

“Emptoris leadership in the ‘buy’ or supply chain capabilities of Smarter Commerce enables customers to better source, optimize and control enterprise spending,” said Patrick Quirk, CEO, Emptoris. “Procurement officers need to manage the full engagement, integrating suppliers with key internal systems and have the capability and visibility to manage compliance and mitigate supply risk. That is the value we bring to the procurement organization.”

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