IBM (NYSE:IBM) has completed the acquisition of Emptoris.

IBM (NYSE:IBM) Completes Emportis Buy

The company said in an official statement that it has completed the acquisition of supply and deal management software offerings provider Emptoris.

It was reported that the new software from the provider presents supply chain intellects paving way for superior supply management and cost efficiencies.

Craig Hayman, IBM Industry Solutions general manager, said that, “developing the right procurement strategy and an adaptive supply chain are keys to achieving the business objectives of Smarter Commerce. Together, Emptoris and IBM’s integrated solutions will transform how clients manage compliance and mitigate supply risk.”

IBM (NYSE:IBM) company shares are currently standing at 191.53.

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