Emptoris [SEP] inception
Emptoris
Emptoris is a brand within IBM's Commerce Portfolio.
History.
Late 1999 Avner Schneur founded Emptoris with a goal to transform the strategic sourcing. When acquired by IBM, Emptoris was a developer and provider of strategic supply and contract management software including applications for spend analysis, sourcing, contract management, supplier lifecycle management, services procurement, compliance management and telecom expense management. In January 2011, the company announced the acquisition of Rivermine, Inc., a provider of telecom expense management (TEM) solutions. In
2011, Emptoris announced the acquisition of Rivermine, Inc., a telecom expense management company.
- On May 15, 2009, Emptoris announced the acquisition of the Contract and Service Management (CSM) solutions and business from Click Commerce, Inc. This acquisition expanded the Emptoris product suite to include services procurement.
- On July 20, 2006, Emptoris announced the acquisition of MINDFLOW, a provider of inbound supply chain planning and sourcing optimization solutions.
- On April 10, 2006, Emptoris announced the acquisition of diCarta,