Directworks: Ivalua Buys Directworks
Redwood City-based Ivalua, a developer of cloud spend management software, has acquired Directworks, a developer of a cloud-based systems for supplier management, RFPs, and other related areas. Financial details of the acquisition were not announced. Ivalua's CEO is David Khuat-Duy.
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Directworks develops a cloud-based platform that provides supplier management and process automation solutions for the manufacturing sector.
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