B2B e-commerce company Internet Capital Group said
it is spending $20 million in cash for an undisclosed stake in Emptoris Inc., with an option to purchase
additional shares.
Emptoris is a provider of B2B e-commerce strategic sourcing and RFQ
solutions. The company's ePASS product employs optimization technology and
customizable work flow and interfaces to enhance decision-making capabilities
on sourcing for client companies in a range of industries and vertical
markets.
Die Eier legende Wollmichsau gibt es doch - Seite 13 - Forum - ARIVA.DE::
Channelintelligence will have revenues between 17 and 20 million in 2007. ICGs historical cost carrying value is approximately $25 million. Sentiment :
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"Emptoris' sophisticated strategic sourcing and Request for Quote (RFQ)
solutions can create significant value for our market makers by enabling
core strategic buying activities to be transacted in their net markets while
significantly improving the efficiency of e-procurement processes for the end
users," said Rick Bunker, managing director and chief technology officer for
ICG (ICGE), who will be joining the Emptoris board.
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