of buzzwords . specific concerns may be found on the talk page . please help improve this article if you can . april 2015 emptoris inc. type ibm subsidiary industry strategic supply category spend and enterprise contract management solutions founded 1999 founder avner schneur headquarters burlington massachusetts u.s. area served world wide products spend analysis sourcing contract management supplier lifecycle management services procurement strategic supply management suite telecom expense management virtual supplier master program management event monitoring services number of employees 725 1 website ibm procurement solutions emptoris is a brand within ibm s commerce portfolio . contents 1 history 2 acquisitions 3 references 4 external links history edit 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 may 2011 emptoris acquired xcitec a provider of supplier management software headquartered in munich germany . with these two acquisitions the company had six applications more than 350 global 1000 customers over 725 employees globally and combined projected annual growth in excess of 20 % . 2 in august 2011 emptoris was included on the 2011 inc. 5000 list of the fastest growing private companies . 3 the company has partner relationships with management consulting firms including accenture deloitte and ibm . the company s solutions can be deployed on premises or via a software as a service saas model . the company is headquartered in burlington ma usa and has operations in fairfax va ; reading uk munich germany ; shanghai china and pune india among other locations . on december 15 2011 ibm announced a deal to acquire emptoris as part of its smarter commerce initiative . 4 on february 1 2012 ibm announced the completion of the acquisition of emptoris . 5 acquisitions edit on february 1 2012 ibm announced the completion of the acquisition of emptoris . 5 on december 15 2011 ibm announced a deal to acquire emptoris to expand smarter commerce initiative . 4 on may 4 2011 emptoris announced the acquisition of xcitec a provider of supplier management solutions headquartered in munich germany . 6 on january 6 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 . 7 on july 20 2006 emptoris announced the acquisition of mindflow a provider of inbound supply chain planning and sourcing optimization solutions . 8 on april 10 2006 emptoris announced the acquisition of dicarta a company that specializes in contract management software . 9 on june 6 2005 emptoris announced the acquisition of intigma a provider of spend data management technology . 10 on january 3 2005 emptoris announced the acquisition of supplier assessment company valuedge inc. whose software is used to audit the performance of business suppliers . 11 on september 15 2003 emptoris announced the acquisition of zeborg a spend analytics firm . 12 references edit supply and demand chain executive boston business journal inc. 5000 a b ibm.com a b ibm.com supply china management review procurement leaders aberdeen group boston business journal aberdeen group boston business journal eweek external links edit ibm procurement solutions retrieved from https en.wikipedia.org w index.php title emptoris & oldid 685709382 categories companies established in 1999burlington massachusettscompanies based in massachusettshidden categories wikipedia articles containing buzzwords from april 2015 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 14 october 2015 at 14 23 . text is available under the creative commons attribution sharealike license ; 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