The Hindu Business Line : Emptoris buys Intigma

THE US-based Emptoris, a provider of enterprise supply management solutions for Global 5000 companies, has announced its entry into the Indian market through the acquisition of Intigma, a provider of spend data management technology.

Intigma is a privately held company based in the US, with a fully owned R&D content centre in Pune.

Intigma pioneered the development of technology that automatically cleanses, enriches, and classifies unstructured procurement and supplier data. It has helped leading global companies overcome data quality issues to realise the full value of their enterprise software applications.

Mr Avner Schneur, Emptoris' President and Chief Executive Officer, said. "With Intigma, Emptoris can better meet the evolving needs of our customers who demand automated and intelligent solutions to enhance the quality and visibility of spending data."

The acquisition of Intigma comes after a two-year strategic partnership Emptoris had with it. Intigma co-founders, Mr Anand Soman and Mr Kirit Pandit, have joined the Emptoris executive team as Vice-President of Emptoris Technology India, and Vice-President of Content Services respectively.

Emptoris has set up its fully owned subsidiary Emptoris Technologies India Pvt Ltd at Pune IT Park, and intends to have over 200 IT professionals within the first year at the Pune facility to support its global development, research and support activities.

Emptoris solution supports global deployment in 18 languages across 6 continents and 51 countries. Its clients include companies such as GlaxoSmithKline, Motorola, Dow Corning, Toro, Owens Corning, and Samsung America among others.

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Emptoris buys Intigma