DemandTec to Acquire Connect3 Systems

DemandTec here, a provider of price optimization systems for retailers and consumer products manufacturers, announced that it has signed a definitive agreement to acquire privately held Connect3 Systems, Cerritos, Calif., a provider of advertising, merchandising and promotions software, in an all-cash transaction.

SAN CARLOS, Calif. — DemandTec here, a provider of price optimization systems for retailers and consumer products manufacturers, announced that it has signed a definitive agreement to acquire privately held Connect3 Systems, Cerritos, Calif., a provider of advertising, merchandising and promotions software, in an all-cash transaction.

The transaction has been approved by DemandTec’s board of directors and is expected to close during DemandTec’s fiscal quarter ending Feb. 28.

Register to view the full article

test - Advanced Registered User

Already a member? .