E2Open to acquire Amber Road for $425m.

E2Open, a provider of cloud-based, on-demand software for supply chains, agreed to acquire Amber Road, an independent, publicly-traded, US-based software company, for $425m. Under the terms of the agreement, a subsidiary of E2open will commence a tender offer for all the outstanding shares of Amber Road common stock for $13.05 per share in cash. “The combination of E2open’s supply chain and logistics technologies with Amber Road’s global trade management platform will also allow customers to more fully digitize their operations and better compete in global markets. The deal will also deliver an excellent return for Amber Road’s shareholders, as the $13.05 price per share being paid by E2open represents roughly a 45% premium to Amber Road’s 90-day average closing price,” said James Preuninger, Chief Executive Officer of Amber Road.