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Amber Road, Inc.

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Amber Road, Inc.
Company typePublic company
NYSE: AMBR
IndustryEnterprise software
Founded1990; 34 years ago (1990)
FounderJames Preuninger (CEO)
Headquarters
East Rutherford, New Jersey
,
United States
RevenueIncrease $85.2 million (2018) [1]
Websiteamberroad.com

Amber Road, Inc. (NYSE: AMBR) was a US-based software company specializing in Global Trade Management (GTM) solutions. It was acquired by E2open in 2019.[2]

Amber Road was headquartered in East Rutherford, New Jersey, with its European headquarters in Munich, Germany. The company had offices in Tysons Corner, VA[3] and Raleigh, NC[4] in the United States, Hong Kong, Shanghai and Shenzhen (China), as well as Bangalore (India).[5][6][7]

History

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The company was founded in 1990 by James and John Preuninger under the name of Management Dynamics in the USA.[8] In 2011, the company was renamed Amber Road.[3]

Their Europe, the Middle East and Africa headquarters was opened in Munich during 2013[9] and the company was listed on the New York Stock Exchange in 2014.[10][11]

The following companies have been acquired since its inception: Bridgepoint (2005),[12] NextLinx (2005),[13][14] EasyCargo (2013),[15] Global Trade Academy (2015)[16] and ecVision (2015).[17]

Amber Road was acquired by E2open for $425 million in 2019.[2]

Product

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Amber Road develops and programs Global Trade Management solutions, which are offered as Software as a Service. The task of Global Trade Management software is to ensure transparency and automation in foreign trade and supply chain management.[18][19][20]

See also

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References

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  1. ^ Amber Road, Inc. dnb.com
  2. ^ a b "Software acquisitions: Amber Road expands E2open global trade reach amid tensions". www.joc.com. Retrieved 2020-04-20.
  3. ^ a b Management Dynamics Now Called Amber Road Archived 2018-04-02 at the Wayback Machine Compliance Week, November 16, 2011.
  4. ^ Contact Information Retrieved April 5, 2018.
  5. ^ Company Overview of Amber Road, Inc. Bloomberg, retrieved July 10, 2017.
  6. ^ Lösung für 120 Freihandelsabkommen All about Sourcing, June 30, 2017.
  7. ^ Amber Road erweitert Lösung für Freihandelsabkommen Finanznachrichten.de, June 29, 2017.
  8. ^ Eli Schragenheim: Supply Chain Management at Warp Speed: Integrating the System from End to End.
  9. ^ Amber Road eröffnet EMEA-Zentrale in München Archived 2018-04-02 at the Wayback Machine aktien-meldungen.de, July 8, 2013.
  10. ^ East Rutherford-based Amber Road Files for IPO, Hopes to Raise $75 Million New Jersey Tech Weekly, March 18, 2014.
  11. ^ Amber Road, Inc. (AMBR) IPO Nasdaq, retrieved July 10, 2017.
  12. ^ Management Dynamics Acquires BridgePoint Send2Press Newswire, January 11, 2005,
  13. ^ Management Dynamics Acquires NextLinx Send2Press Newswire, retrieved July 10, 2017.
  14. ^ A New Era for Global Trade Management Software? Talking Logistics, March 24, 2014.
  15. ^ Amber Road acquires Shanghai-based EasyCargo Logistics Management, September 24, 2013.
  16. ^ Amber Road acquires Global Trade Academy American Shipper, May 18, 2015.
  17. ^ Amber Road Acquires Global Sourcing Tool ecVision SupplyChainBrain, March 2, 2015.
  18. ^ Digitization In Supply Chain: Five Key Trends Forbes, November 17, 2016
  19. ^ Industrie 4.0: Führende Unternehmen Zu Den Chancen Für KM Switzerland Global Enterprise, February 9, 2016.
  20. ^ Top 9 Vendors in the Global Trade Management Software Market Business Wire, December 9, 2016.
[edit]
  • Official website
    • Historical business data for Amber Road, Inc.:
    • SEC filings
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