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Dynamic Ariba Trades Up
D. Geller - December 13, 1999

Event Summary

Ariba Inc (Nasdaq: ARBA) announced its acquisition of privately held Trading Dynamics for stock valued at approximately $400 million. The acquisition will enable Ariba to offer such dynamic pricing models as auctions, reverse auctions, and exchanges. The six current customers of Trading Dynamics will be folded into Ariba's current customer network and will therefore have access to all other buyers and sellers on the network. The acquisition is expected to complete in the first quarter of the new millennium...


 
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