DemandTec
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Type | Private |
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Industry | Retail |
Founded | California 1999 |
Headquarters | Boston, Massachusetts, U.S. |
Area served | Worldwide |
Key people | Todd Michaud () |
Products | Retail price, promotion and markdown optimization and trade deal management |
Parent | Acoustic, LLC |
Website | DemandTec.com [1] |
DemandTec enables retailers to deliver optimal pricing, promotions, markdowns using data science, as well as deal management with vendor partners.
In July 2019, DemandTec parent company Acoustic was formed as an independent enterprise marketing cloud player as a result of Centerbridge Partners' acquisition of IBM assets and team members formerly in IBM's Marketing Cloud group.[1]
In August 2007, the company priced its initial public offering at $11 per share. [2]
Acquisitions[]
In December 2011 it was announced that IBM had intent to purchase DemandTec;[3] the deal closed in February 2012.
As a standalone company prior to being acquired by IBM, the following acquisitions were made by DemandTec:
- TradePoint Solutions (November, 2006)[4]
- Connect3 Systems, Inc. (February, 2009)[5]
- Acquired substantially all of the assets of Applied Intelligence Solutions, LLC (January, 2011)[6]
- M-Factor, Inc. (March, 2011)[7]
Notes[]
- ^ "New brand, entity, and leadership team for IBM Marketing cloud unveiled". CMO. Retrieved 2020-05-09.
- ^ "DemandTec IPO of 6 mln shares priced at $11/share". Reuters. Retrieved 2007-08-09.
- ^ Jarzemsky, Matt (2011-12-09). "IBM Pays Premium for DemandTec". Wall Street Journal. ISSN 0099-9660. Retrieved 2020-05-11.
- ^ "DemandTec Acquires TradePoint Solutions". Supermarket News. Retrieved 2006-12-13.
- ^ "DemandTec Completes Acquisition of Connect3 Systems". RIS News. Retrieved 2009-02-26.
- ^ "DemandTec acquires assets of applied intelligence solutions". Chain Store Age. Retrieved 2011-01-03.
- ^ "DemandTec Acquires M-Factor for Undisclosed Sum". Xconomy. Retrieved 2011-03-10.
External links[]
- "New brand, entity, and leadership team for IBM Marketing cloud unveiled". CMO. Retrieved 2020-05-09.
- University of Minnesota ReMap Program
Categories:
- Pricing
- IBM cloud services
- Computer companies of the United States
- American companies established in 1999
- Software companies of the United States