Manugistics

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Manugistics (Manugistics Group) is a company that develops and markets software applications, principally for resource planning and supply chain management, with clients in North America, the UK, and Ireland.

[edit] History

The company was originally known as Scientific Time Sharing Corporation (STSC), formed in 1969 in Bethesda, Maryland with some of the people who originally implemented APL as a programming language at IBM. In 1970, STSC released APL*PLUS, a new version of the APL language with many extensions oriented toward allowing to develop business applications.

1979 - the company name was changed to STSC, Inc.
1982 - APL*PLUS/PC launched, the first version of APL on the personal computer
1982 - acquired by Continental Telecom Inc.
1992 - name changed to Manugistics
1993 - initial public offering
1995 - the APL product line was sold to LEX2000, Inc.
1999 - Cognos Corporation acquired LEX2000

Table of Manugistics acquisitions:

Company	Date	Description
Digital Freight Exchange, Inc. (DFE)	May 2002	Collaborative transportation logistics services
Western Data Systems of Nevada, Inc. (WDS)	April 2002	Maintenance, repair and overhaul and make-to-order software
SpaceWorks Inc. (acquired technology only)	July 2001	Order management software
PartMiner CSD, Inc.	May 2001	Product design and sourcing software
One Release, LLC	May 2001	Software development services
STG Holdings, Inc.	January 2001	Advanced factory planning, scheduling and simulation software
Talus Solutions, Inc.	December 2000	Pricing and revenue optimization software
TYECIN Systems, Inc.	June 1998	Supply chain planning and simulation software for the semiconductor industry
ProMIRA Software, Inc.	February 1998	Supply chain planning software for complex industries, including high technology, electronics, telecommunications and motor vehicle and parts
Synchronology Group Ltd.	June 1997	Manufacturing, planning and scheduling services
Avyx, Inc	May 1996	Developer and services provider of manufacturing scheduling software
Marketing Systems GmbH	June 1994

Continued financial concerns for almost a decade starting in 1998, tough competition from vendors of similar software and a crash of the dot com boom heralded the steady deterioration of this famed Supply chain software company. After struggling for 9 years, it returned to positive numbers in 2006 and finally was sold off to rival retail-demand-chain software maker, JDA Software [1].

Common Stock

Manugistics Group began trading on the Nasdaq in August 1993 at $10 per share under the symbol "MANU". The shares rose, and had two 2-1 stock splits. The company never paid a dividend.

MANU was bought by JDA Software for $2.50 in cash. If you bought 1 share at $10 at its IPO in 1993, you would have had 4 shares at $2.50 or $10 when the company was bought; or a ZERO percent gain.

MANU's primary competition was from I2 Technologies "ITWO" and PeopleSoft, now a division of Oracle.

Manugistics employed 1,200 employees and had $300 million in annual revenue at its peak in 2001.