|Over a month ago|
QAD Inc to acquire Allocation Network, terms not disclosed » 16:0812/1612/16/20
QAD announced it entered…
QAD announced it entered into a definitive agreement to acquire Allocation Network GmbH, a best-in-class solution provider for strategic sourcing and supplier management, based in Munich, Germany. The acquisition, which is expected to close by the end of 2020, will not have an immediate, material impact on QAD's financial results. The acquisition is in line with QAD's strategy of acquiring quality products with limited market reach and leveraging QAD's global footprint. The acquisition will support QAD's cloud growth within its existing customer base and strengthen its overall product offering. QAD will fully incorporate Allocation Network's sourcing, supplier management and procurement systems into its Integrated Supplier Management portfolio to allow customers to eliminate off-contract buying, increase purchasing power and boost cost savings. In today's world, where agility and flexibility in the supply chain are increasingly critical, this powerful combination will greatly enhance the agility and innovation companies are seeking to dynamically manage their supplier communities while delivering operational and financial efficiencies more quickly. Allocation Network will operate as a division of QAD.
|Over a quarter ago|
QAD Inc reinstated with a Buy at Sidoti » 14:1708/2708/27/20
Sidoti reinstated coverage of QAD Inc with a Buy rating and $50 price target.
QAD Inc signs North America reseller partnership with eNoah iSolutions » 08:1808/2708/27/20
QAD Inc. said in a…
QAD Inc. said in a release, "QAD Inc. announced it has signed a channel partnership giving eNoah iSolutions Inc. the ability to resell QAD Adaptive ERP applications in North America. Headquartered in Chennai, India, eNoah has offices in the United States, Australia, the United Kingdom, Malaysia and Singapore."
QAD Inc trading resumes 09:3804/2304/23/20
QAD Inc trading halted, volatility trading pause 09:3304/2304/23/20
QAD Inc trading resumes 15:1504/0604/06/20
QAD Inc trading halted, volatility trading pause 15:1004/0604/06/20