Jaggaer Completes Acquisition of Ivoflow, Bringing AI-Powered Direct Materials Spend & Price Intelligence to Manufacturers

DURHAM, N.C.–(BUSINESS WIRE)–Jaggaer, a leader in AI-powered procurement solutions, today announced it has completed its acquisition of Ivoflow, a spend & price intelligence platform for direct materials, based in Koblenz, Germany. The transaction closed on September 11, 2026. The acquisition advances Jaggaer’s strategy to build the industry’s most intelligent procurement platform. For customers, the combination will address one of procurement’s most persistent challenges: organizations h

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