Taking advantage of its rival Microsoft’s either reticence or satiation, Epicor recently acquired its long-term partner Clarus for an almost next to nothing price to provide mid-market with a solid add-on e-procurement and, eventually, SRM value proposition too.
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resources software to Geac Computer Systems early in 2000, followed then by a risky all-out dive into e-procurement and Internet exchange realms have apparently not paid off. The strategy had a short-lived immediate success though, with its stock price reaching an all-time high of $144 per share in March 2000 (see With New Clothes and Hairdo, Clarus Asks for Pin Money ). Since then, however, the vendor has only seen its revenue and its stock price nose-dive, with 2001 revenue of $17 million and a current