Ariba Successes Highlight Standards Wars
D. Geller - August 1, 1999

Event Summary

California based Ariba saw its stock rise 20% (by 17.88 points to 107.88) on August 11, with continued rises into the low 120's for the rest of the week. Ariba (ARBA) is a provider of Internet procurement products and services. The jump followed closely on partnership announcements with vendors in the electronics (NetBuy) and print (Impresse) sectors. It is not necessarily the case that these agreements sparked the price increase, but putting them together provides some insight into Ariba's position and future...