Technology deal
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SUPPLY CHAIN DIVE reports:

– Coupa acquired supply chain software company Llamasoft for $1.5 billion, according to a news release.

– The deal brings Coupa’s spend management and procurement technology together with Llamasoft’s supply chain and network planning software under one umbrella, at a time when businesses are prioritizing agility and the ability to “pivot on a dime,” Coupa CEO Rob Bernshteyn said in a statement.

– The purchase of Llamasoft marks Coupa’s fourth acquisition in 2020. Coupa bought Bellin, which provides treasury management ...

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