ANN ARBOR – California-based Coupa Software announced Monday that it has acquired AI supply chain company Llamasoft for approximately $1.5 billion.
Llamasoft’s AI-powered cloud platform helps companies make quick, informed supply chain decisions.
Now more than ever, supply chain agility remains critical as economic conditions, consumer preferences and the political landscape continue to change amid the global pandemic.
At the beginning of the year, Llamasoft launched its newest product llama.ai, which helps bring forward valuable insights via proven supply chain algorithms.
“We are very excited about joining forces with Coupa,” Razat Gaurav, CEO at LLamasoft said in a news release.