Ariba to buyout Tradex
from the B2B-buyouts-are-pretty-expensive dept
It looks like Ariba is continuing to position itself to become a leading company in Business to Business exchanges. It is currently in talks with Tradex technology (also involved in B2B exchanges) about buying them out for about $1.6 billion. This might spark off a buying frenzy from Ariba’s compititiors in this area.