Manufacturing Industry
New home for SeeChain.(Teradata Corp. acquires SeeCommerce (Palo Alto, California))(Brief article)
Industry Week, May, 2006 by Jusko, Jill
IN DECEMBER 2004 THE SEECHAIN INVENTORY software application from SeeCommerce Inc. was named one of INDUSTRYWEEK's Technologies of the Year, a component of IW's annual Technology and Innovation Awards Program. A little more than one year later, the software application has a new home.
Technology firm Teradata announced in February that it had acquired SeeChain from SeeCommerce. Financial terms of the deal were not released.
According to Teradata Chief Marketing Officer Bob Fair, the acquisition complements several Teradata applications' capabilities by providing visibility to item- and location-level detail, as well as the ability to monitor, measure, manage and analyze supply-chain operations and take corrective action on exceptions.
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