It’s a done deal: E2open completes acquisition of INTTRA

E2open today announced the completion of the acquisition of INTTRA following regulatory approval. 

As reported in LM earlier this year, this brings together a leader in ocean shipping logistics with the global supply chain and logistics network of E2open. 

The company believes that with this unification, shippers will realize greater efficiencies and ease of use across global supply chain and logistics management.

Michael Farlekas, President and CEO, said in a letter to LM that the new enterprise may bring a few powerful benefits including:

*Real-time end-to-end visibility with the ability to monitor and react to changing global needs.
*More efficient ocean shipping with the integration of procurement, manufacturing and distribution.
*Better logistics capacity utilization with better visibility into manufacturing forecasts and future shipping needs.
*A unique ability to deliver Predictive ETAs as well as the IMPACT of a changing ETA to your operations – as soon as an ETA is changed.

“We're very excited about combining E2open and INTTRA,” he said.

He added that he’s looking forward to sharing more details on how this combination will enable shippers to derive more benefits by working with 3PLs and other freight intermediaries. 

John Fay, Chief Executive Officer of INTTRA, will be leaving the organization after a transition period.