E2open Acquires icon-scm for Approximately $34M

E2open

announced Tuesday that it has acquired icon-scm, a market leader in supply chain planning and collaboration, in a transaction valued at approximately $34 million in total consideration. By combining icon-scm's integrated planning and analytics capabilities with the E2open Business Network, E2open expands its market opportunity and solution portfolio, accelerates its product roadmap, and extends its position as the leader in the collaborative planning and execution space. The acquisition represents an important component of E2open's mission to redefine traditional supply chain management with strategic, cloud-based solutions designed to facilitate collaboration across today's global