Sunday, December 18, 2011

IBM (NYSE:IBM) Buys Emptoris

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tdp2664 E money daily IBM (NYSE:IBM) has bought Emptoris in a ‘smarter commerce’ move. IBM (NYSE:IBM) Buys Emptoris The world's first computer maker IBM (NYSE:IBM) has signed a contract to make progress in the on-premise analytics software ground. IBM (NYSE:IBM) will acquire Emptoris for an undisclosed amount. Patrick Quirk, CEO of Emptoris, said that, “Procurement officers need to manage the full engagement, integrating suppliers with key internal systems, and have the capability and visibility to manage compliance and mitigate supply risk. That is the value we bring to the procurement organization.” IBM (NYSE:IBM) shares were at 187.48 at the end of the last day’s trading. There’s been a 10.2% movement in the stock price over the past 3 months. IBM (NYSE:IBM) Analyst Advice Consensus Opinion: Moderate Buy Mean recommendation: 1.95 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.86 Zack’s Rank: 3 out of 19 in the industry



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