Coupa Software Inc. (NASDAQ:COUP), which manages about $2 trillion in global spending, said Monday it acquired supply chain management specialist Llamasoft for $1.5 billion in an effort to strengthen the cost-effectiveness of Coupa’s clients’ spending activities.
The cash-stock deal, which closed Monday morning, is designed to integrate Llamasoft’s strategic skills in supply chain optimization with Coupa’s spend management execution across its massive customer base, Sandra Moran, Llamasoft’s...
Businesses must “accept uncertainty” following prime minister Boris Johnson’s warning that the UK must prepare itself for a no-deal Brexit.
Mr Johnson’s comments came a day after his self-imposed deadline for a deal to be reached had passed – although minister Michael Gove, who is leading Brexit preparations, said the “door was still ajar” for a deal to be reached.
The PM said: “We have only 10 weeks until an end to …
The post Brexit: deal or no-deal, businesses must prepare for a mountain of...
https://theloadstar.com/brexit-deal-or-no-deal-businesses-must-prepare-for-a-mountain-of-paperwork/
LLamasoft Acquires Opex Analytics Forming Applied AI Powerhouse
Combined Company to Transform Enterprise Decision Making by Applying the Power of AI
ANN ARBOR, Mich. – October 22, 2019 – LLamasoft, the leading provider of enterprise supply chain design and decision-making solutions, announced it acquired Opex Analytics LLC, a Chicago-based provider of artificial intelligence (AI) solutions to Fortune 500 companies. The acquisition, backed by TPG Capital, Goldman Sachs, and MK Capital, creates a...
LLamasoft Reports Significant Revenue and Customer Growth in First Half of 2019
Software Subscription Revenue Growth Exceeds 30 Percent
ANN ARBOR, Mich. – August 28, 2019 – LLamasoft, the leading provider of enterprise supply chain design and decision-making solutions, announces strong growth results, posting more than a 30 percent increase in year-over-year software subscription revenues, bolstered by the addition of 33 new customers in the first half this year.
The company is also announcing...