Ariba to Acquire Agile Software.Ariba Inc. (Mountain View, CA), a business-to-business (B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business ) e-commerce platform and network services provider, announced that it has signed a definitive agreement to acquire Agile Software Corp. (San Jose, CA), a provider of collaborative commerce solutions, in a stock-for-stock merger. According to Ariba, the combined entity will be the first to offer a unified platform for Internet-based commerce and collaboration. Agile's products control product information, including bill of materials The list of components that make up a system. For example, a bill of materials for a house would include the cement block, lumber, shingles, doors, windows, plumbing, electric, heating and so on. , formulas and recipes and specifications and drawings, through design, sourcing, procurement, manufacturing and sales. By integrating the Agile solutions into Ariba's B2B commerce platform and expanded network ecosystem, Ariba plans to deliver a product that drives the entire product lifecycle from a common, real-time source of product information. Following the merger, Ariba and Agile expect to be able to offer integration between Ariba Buyer and Agile Anywhere to extend eProcurement functionality into core direct materials processes; integration of Agile Buyer with Ariba Sourcing to enable the full process of direct and indirect materials sourcing, negotiations and contract management; expansion of Ariba's Commerce Adapters to support open interoperability with primary enterprise resource planning See ERP. (application, business) Enterprise Resource Planning - (ERP) Any software system designed to support and automate the business processes of medium and large businesses. (ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. ) and supply chain management (SCM (1) (Software Configuration Management, Source Code Management) See configuration management. (2) See supply chain management. ) system integration; and interoperability between the Ariba Commerce Services Network and the MyAgile network. Under the terms of the agreement, each share of Agile common stock will be converted into 1.35 shares of Ariba, resulting in a net aggregate purchase price of approximately $2.55 billion. The acquisition will be accounted for as a purchase and is expected to be completed in the third quarter of Ariba's fiscal year 2001. Ariba believes that the transaction will be accretive to earnings in fiscal year 2002. The acquisition has been approved by the boards of directors of each company and is subject to governmental approvals, Ariba and Agile stockholder approvals and customary closing conditions. http://www.circuitsassembly.com Copyright [copyright] 2001 CMP CMP (cytidine monophosphate): see cytosine. (1) (CMP Media LLC, Manhasset, NY, www.cmp.com) Part of United Business Media, CMP is a leading integrated media company that offers a wide variety of publications and services in the information Media LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control |
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