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Slide #88. E2open — icon-scm
E2open (NASDAQ:EOPN), the leading provider of cloud-based solutions for collaborative planning and execution across global trading networks, today announced that it has acquired icon-scm, a market leader in supply chain planning and collaboration, in a transaction valued at approximately $34 million in total consideration. By combining icon-scm's integrated planning and analytics capabilities with the E2open Business Network, E2open expands its market opportunity and solution portfolio, accelerates its product roadmap, and extends its position as the leader in the collaborative planning and execution space.
E2open is a provider of cloud-based, on-demand software solutions delivered on a platform that allows companies to collaborate with their trading partners. Co. refers to the combination of its software applications delivered on its cloud-based platform, the content contributed by its network participants and its enabling services as the E2open Business Network. The E2open Business Network supports business processes of Co.'s customers and their trading partners, including supply chain management, procurement, sales and finance functions. These functions enable customers to share product information, sales and purchase orders, invoices and payments, among others, with their trading partners.
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Hold (2.00 out of 4)
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