Gartner Research

Retek Buys Syncra for Supply Chain Visibility and Collaboration

Published: 22 December 2004

ID: G00185222

Analyst(s): Ken Ruggles, Alexi Sarnevitz


Retek has acquired Syncra Systems in a move designed to extend the reach of its flagship retail application suite into broader Collaborative Planning, Forecasting, and Replenishment (CPFR) capabilities. The purchase by Retek gives Syncra much needed financial stability after facing many years of falling revenue, employee layoffs, and declining cash. Syncra customers should take relief that a white knight has saved the company from liquidation.

©2021 Gartner, Inc. and/or its affiliates. All rights reserved. Gartner is a registered trademark of Gartner, Inc. and its affiliates. This publication may not be reproduced or distributed in any form without Gartner’s prior written permission. It consists of the opinions of Gartner’s research organization, which should not be construed as statements of fact. While the information contained in this publication has been obtained from sources believed to be reliable, Gartner disclaims all warranties as to the accuracy, completeness or adequacy of such information. Although Gartner research may address legal and financial issues, Gartner does not provide legal or investment advice and its research should not be construed or used as such. Your access and use of this publication are governed by Gartner’s Usage Policy. Gartner prides itself on its reputation for independence and objectivity. Its research is produced independently by its research organization without input or influence from any third party. For further information, see Guiding Principles on Independence and Objectivity.

Already have a Gartner Account?

Become a client

Learn how to access this content as a Gartner client.