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Article: Manhattan Associates Announces Definitive Agreement to Acquire Evant; Extends Leading Supply Chain Solution Provider into Demand Planning & Forecasting and Replenishment Markets.
- Article from:
- Business Wire
- Article date:
- August 11, 2005
CopyrightCOPYRIGHT 2005 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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ATLANTA -- Manhattan Associates, Inc. (NASDAQ: MANH), the global leader in providing supply chain execution and optimization solutions, has signed a definitive agreement to acquire Evant, Inc., a provider of supply chain planning and replenishment solutions. Privately held and based in San Francisco and Atlanta, Evant provides solutions to more than 60 companies in the retail, manufacturing and wholesale distribution industries, including many that are joint Manhattan Associates clients. Under the terms of the agreement, Manhattan Associates will pay approximately $50 million in cash for the company.
The Evant acquisition extends Manhattan Associates' solution ...