Consolidation seems to be the name of the game in the supply-chain technologies arena lately. In recent weeks there have been a number of mergers and acquisitions announced. Among the recent ownership changes are:
- JPMorgan Chase Bank N.A., New York, announced on Jan. 7 it had reached an acquisition agreement with Vastera. Under the agreement, which is subject to customary regulatory approvals, Vastera will combine its global trade management solutions with the logistics and trade services businesses of JPMorgan Chase's Treasury Services unit. The transaction is valued at about $129 million, according to Dulles, Va.-based Vastera.
- Enterprise solutions provider Infor Global Solutions, based in Atlanta, announced last week that it had acquired Mercia Software, a wholly owned subsidiary of Finmatica S.p.A. Financial details were not released. Mercia offers two suites of supply-chain-planning software that include demand planning, strategic inventory planning, distribution planning, and sales and operational planning functionality.
- Sterling Commerce announced in late December it agreed to acquire Yantra Corp., a Tewksbury, Mass.-based provider of distributed order-management and supply-chain-fulfillment technology solutions. Sterling Commerce, based in Columbus, Ohio, is a wholly owned subsidiary of SBC Communications Inc.