Coupa Software has bought supply chain design software provider Llamasoft for $1.5 billion.
Coupa Software describes itself as a business spend management company based in California, providing technology platforms that bring together procurement, budgeting and invoicing with contract and inventory management, sourcing and analytics.
Llamasoft provides AI-based supply chain modelling to a range of sectors, including automotive and logistics. LLamasoft’s provision of software services are designed to improve supply chain operations and it has contracts with carmakers, including Ford, GM, Honda and Jaguar Land Rover and Honda, as well as a number of tier one suppliers and logistics companies.
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