Ariba Goes Direct To (And From) The Source
D. Geller - July 13, 2000

Event Summary

eProcurement giant Ariba, Inc. (NASDAQ:ARBA) will acquire SupplierMarket.com, a company with expertise in Internet-based collaborative sourcing of direct and indirect materials. The purchase is for $580.8 million in stock. SupplierMarket.com had been expected to raise $100 million through a stock offering. Its initial valuation was to have been $412 million...