Amber Road, Inc.

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, Inc.
TypePublic company
NYSE: AMBR
IndustryEnterprise software
Founded1990
FounderJames Preuninger (CEO)
Headquarters
East Rutherford, New Jersey
,
United States
RevenueIncrease $85.2 million (2018) [1]
Websiteamberroad.com

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

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

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

References
  1. Amber Road, Inc. dnb.com
  2. "Software acquisitions: Amber Road expands E2open global trade reach amid tensions". www.joc.com. Retrieved 2020-04-20.
  3. 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.
  • Official website
    • Historical business data for Amber Road, Inc.:
    • SEC filings
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