# Jaggaer Acquires Ivoflow to Enhance AI Price Intelligence

Jaggaer completed the acquisition of Ivoflow, a German AI-driven spend and price intelligence software company, on September 11, 2026. This strategic move integrates Ivoflow's direct materials cost analysis capabilities into Jaggaer's procurement platform, aiming to provide manufacturing customers with enhanced sourcing insights, supplier negotiation tools, and cost savings opportunities within a unified system.

- This acquisition expands Jaggaer's AI capabilities and global market reach for manufacturing spend and price intelligence.
- Procurement professionals should note the growing importance of AI-powered price intelligence tools in managing direct materials sourcing.
- Contractors and vendors in manufacturing supply chains may encounter increased demand for integrated procurement solutions that leverage AI for cost optimization.
- Organizations can leverage this development to improve supplier negotiations and achieve more informed procurement decisions through consolidated data analytics.

**Jurisdictions:** international
**Industries:** Information Technology
**Topics:** Artificial Intelligence
**Published:** September 14, 2026

### Vendors
- Jaggaer (prime contractor)
- Ivoflow (acquired company)

### Key Quotes
> The combination would allow Ivoflow to accelerate its roadmap and expand its AI capabilities while pursuing a larger global market for manufacturing spend and price intelligence.
> — Daniel Demuth, Co-founder of Ivoflow

> Joining Jaggaer gives us the reach and platform to bring that capability to many more customers and accelerate what we set out to build.
> — Nicolas Neubauer, Co-founder of Ivoflow

> Ivoflow will enable buyers to manage more of their direct materials within a single platform, bringing powerful market and cost intelligence into supplier negotiations.
> — Andrew Roszko, CEO of Jaggaer

### Sources
- [Jaggaer Acquires Ivoflow to Add AI-Powered Direct Materials Price Intelligence | citybiz](https://www.citybiz.co/article/902200/jaggaer-acquires-ivoflow-to-add-ai-powered-direct-materials-price-intelligence) - citybiz