# Jaggaer Acquires Ivoflow to Enhance AI Procurement

Jaggaer has completed the acquisition of Ivoflow, a German AI-powered direct materials spend and price intelligence platform, to strengthen its procurement software offerings for manufacturers and government agencies. This integration aims to deliver advanced AI-driven market pricing insights and decision intelligence, enabling procurement professionals to optimize savings and improve supplier negotiations through a unified platform.

- **Why this matters:** Government procurement professionals and contractors in manufacturing sectors can leverage enhanced AI capabilities for more transparent, data-driven supplier engagements and cost management.
- The acquisition signals increased investment in intelligent procurement solutions that combine spend analytics with market-aligned pricing intelligence.
- Organizations should evaluate opportunities to integrate AI-powered tools into their procurement processes to drive efficiency and stronger commercial outcomes.
- Vendors offering complementary AI and procurement technologies may find expanded collaboration potential with Jaggaer’s growing platform ecosystem.

**Jurisdictions:** federal
**Industries:** Information Technology
**Topics:** Artificial Intelligence
**Published:** September 24, 2026

### Government Entities
- Government agencies

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

### Key Quotes
> Jaggaer gives us the opportunity to help shape the future of how manufacturing enterprises manage their spend and identify savings. By combining Ivoflow's capabilities with Jaggaer's team, reach and platform, we can accelerate our roadmap, expand our AI capabilities, and build toward becoming the leading provider of spend and price intelligence for manufacturers globally.
> — Daniel Demuth, 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. This means more transparent, fact-based conversations with suppliers, stronger partnerships, and better commercial outcomes. We see real opportunity to invest in the team, expand the platform, and accelerate what we can deliver together.
> — Andrew Roszko, Chief Executive Officer of Jaggaer

> We built Ivoflow to help manufacturing companies become leaders in cost excellence and drive profitability. Joining Jaggaer gives us the reach and platform to bring that capability to many more customers and accelerate what we set out to build. We are very much looking forward to what lies ahead and to becoming part of the Jaggaer team.
> — Nicolas Neubauer, Co-Founder of Ivoflow

### Sources
- [Jaggaer Completes Acquisition Of Ivoflow, Bringing AI-Powered Direct Materials Spend & Price Intelligence To Manufacturers](https://menafn.com/1111709207/Jaggaer-Completes-Acquisition-Of-Ivoflow-Bringing-AI-Powered-Direct-Materials-Spend-Price-Intelligence-To-Manufacturers) - Menafn