Archive for Mergers-Acquistions
I’m still catching up from my brief vacation. But here is what caught our attention this week:
- Dematic Group Announces Intent to acquire HK Systems
- Con-way Inc. Reports Second-Quarter Results For 2010
- YRC Worldwide Reports Second Quarter Results
- Postal Service Ends Third Quarter with $3.5 Billion Loss
- SAP Releases Sustainability Update Including Carbon for the Second Quarter
On my sunrise flight to Atlanta yesterday, the flight attendant announced before we landed that several soldiers were on board. She thanked them for their service and we all clapped in support. On my sunset flight back to Boston, the flight attendant announced that the wife and family of a fallen soldier, along with an Army escort, were on board to attend the soldier’s funeral in Vermont tomorrow. They… Continue reading
Last night, Descartes announced its acquisition of Routing International, a privately-held provider of route planning solutions based in Belgium. Descartes has a long history in the route planning market, and several years ago it acquired Cube Route, a software-as-a-service vendor in this space. So, why acquire another related company?
I spoke this morning to Chris Jones, EVP Solutions and Service at Descartes, to get more details. Here… Continue reading
IBM announced yesterday that it will acquire Sterling Commerce from AT&T for $1.4 billion in cash. According to the analyst call yesterday, IBM was the catalyst for the deal, approaching AT&T with the opportunity. IBM views this acquisition as a path to growing its WebSphere business. After the acquisition is finalized, Sterling Commerce’s approximately 2,500 employees will be integrated into the WebSphere organization within IBM’s Software Group, managed by… Continue reading
This was a relatively quiet week, but here are some items that caught our attention:
- SAP Underpins On-Demand Strategy With the Proven Power of Partners
- New Release of SAP® Business ByDesign™ Gives Customers In-Memory Analytics, Support for Mobile Devices, and Customizable User Interfaces
- CDC Software Acquires TradeBeam, a Leading Cloud-Based Provider of Global Supply Chain Visibility and Trade Management Solutions
- UPS
RedPrairie, an ARC client, held its annual user conference, RedShift 2010, in Orlando last week. It was the company’s largest user conference ever. The two biggest news items from the event were the CEO’s explanation for why RedPrairie was acquired earlier this year by New Mountain Group and RedPrairie’s acquisition of SmartTurn, a software-as-a-service (SaaS) multitenant WMS solution.
RedPrairie had been owned by Francisco Partners, a… Continue reading
In an article last Thursday, The Wall Street Journal announced that the Coca-Cola Company was nearing a deal to buy the bulk of its largest bottler, Coca-Cola Enterprises. This was interesting news to me because the acquisition, like PepsiCo’s deals to buy its two biggest bottlers, The Pepsi Bottling Group and PepsiAmericas, was driven in large part by the need for distribution flexibility.
A little refresher course on… Continue reading
This Week in Logistics News (Feb 22-26 2010)
· CommentsI spent a few days this week at the SAP Insider Logistics and Supply Chain Management 2010 conference. I’ll share my takeaways from this event next week. In the meantime, here’s some of the news that caught our attention this week:
- RedPrairie to be acquired by New Mountain Capital
- Walmart Announces Goal to Eliminate 20 Million Metric Tons of Greenhouse Gas Emissions from Global Supply Chain
