Manugistics Announces Restructuring, Leveraging Strengths in Vertical Markets and Rapid Product Innovation
comments from the washington post you might find interesting. note that i'm not a shareholder, simply local.
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...with the company's stock price so low, speculation in the industry is that Manugistics is ripe for a takeover by a larger software company, Mortenson [BT Alex Brown analyst] said.
The firm's restructuring includes creation of a business unit focused on the electronics market. Manugistics is moving into electronics as a defense against its arch rival, I2 Technologies of Irving, Tex., which lately has encroached on Manugistics's niche of consumer packaged goods.
"They're saying: 'If we're being attacked in our core market, we'll attack in their core market,' " said Chris Desautelle, an analyst with Legg Mason Wood Walker in Baltimore.
Manugistics Reorganizes, Lays Off 80 Workers
By Shannon Henry
Washington Post Staff Writer
Friday, September 25, 1998
washingtonpost.com |
