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The following categories of information including: Acquisition Highlights, Acquisition Comments, More Acquisition News, Analysts Market View and Suggested Readings have been assembled to help discuss the Intigma acquisition.
Acquisition Highlights:
- Emptoris is already recognized as a leader in spend analysis and strategic sourcing
- Intigma’s technology leadership, rich knowledge base, and experience reinforces Emptoris’ market leadership in spend analysis and strategic sourcing
- The acquisition adds advanced spend categorization technology enabling customers to achieve more accurate and granular spend visibility to unlock hidden savings, particularly in their MRO and direct spending
- Emptoris customers achieve 360-degree visibility on corporate spend
- Greater visibility fuels cost savings programs that accelerate earnings growth and expand procurement monitoring programs that ensure compliance with mounting regulations
Jim Sanderson, Executive Director of Procurement
After an extensive review of spend analysis solutions, we selected Emptoris to help us get more value from the spend data representing more than 3 million transactions,"…"Now, we believe the combination of Emptoris' Spend Analysis with Intigma's innovative technology for data cleansing and classification will further enable Dow Corning to achieve our savings goals. We expect the combined solution will help us reduce spending annually by automatically enhancing the quality of our spend data."
Avner Schneur, president and chief executive officer
"This acquisition further differentiates our best of breed spend analysis offering by making our spend data management capabilities more efficient, repeatable and applicable to a broader portion of a company’s spending"…"With Intigma, Emptoris can better meet the evolving needs of our customers, who demand automated and intelligent solutions to enhance the quality and visibility of spending data. With Intigma’s rich knowledge base and experience in content analysis, our customers gain more value from their procurement savings initiatives and increase the return on investment in their ERP and supply chain management systems.”
More Acquisition News:
To read the full news release on the acquisition, please click here.
To read frequently asked questions on the acquisition, please click here.
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