J.D. Edwards Looks to Add to E-Business Solution
Enterprise business software provider J.D. Edwards & Company (Denver) announced an agreement to acquire Numetrix Limited, a privately held Toronto-based provider of Internet-enabled supply chain planning software for approximately $80 million in cash. This acquisition is expected to enable J.D. Edwards to integrate the Numetrix product suite with its existing enterprise solutions to link customers, suppliers and trading partners in collaborative enterprise networks.
The Numetrix solution is designed to permit users to plan, synchronize and optimize the management of their supply chain on a comprehensive and timely basis over the Internet. J.D. Edwards will integrate the Numetrix 3/supply chain management software with its own SCOREx supply chain products. The combination of these two products will play a large role in J.D. Edwards e-business solution, which will be announced later this week.
“With today’s announcement, J.D. Edwards extends its supply chain solution to further meet the demands of our global customer base,” says Doug Massingill, president and CEO of J.D. Edwards. “I believe that with this acquisition, we will offer the only complete, integrated supply chain and enterprise software solution, and be ideally positioned to address the Internet-based business-to-business commerce market.”
“This is great news for J.D. Edwards and Numetrix customers because it provides them with the best of both worlds -- strong functionality for planning and execution, plus the ability to realize the benefits of a truly integrated supply chain,” says Ed Sitarski, VP of research and development, with Numetrix.