Omnexus e-commerce portal shuts down.On Dec. 1, Atlanta-based Omnexus pulled the plug on its three-year-old Adj. 1. three-year-old - three years of age young, immature - (used of living things especially persons) in an early period of life or development or growth; "young people" e-commerce e-commerce, commerce conducted over the Internet, most often via the World Wide Web. E-commerce can apply to purchases made through the Web or to business-to-business activities such as inventory transfers. site. The portal, once heralded as ushering in Noun 1. ushering in - the introduction of something new; "it signalled the ushering in of a new era" first appearance, introduction, debut, entry, launching, unveiling - the act of beginning something new; "they looked forward to the debut of their new product line" a new era of electronic resin resin, any of a class of amorphous solids or semisolids. Resins are found in nature and are chiefly of vegetable origin. They are typically light yellow to dark brown in color; tasteless; odorless or faintly aromatic; translucent or transparent; brittle, fracturing buying, had won the backing of around 20 suppliers, including Bayer, BASF BASF Bar Association of San Francisco (since 1872; San Francisco, California) BASF Badische Anilin und Soda Fabrik (German chemical products company) BASF Builders Association of South Florida , DuPont, and PolyOne. Yet, after draining more than $100 million in funds invested by the partners, most U.S. buyers remained unconvinced that the portal was a solution to their purchasing challenges. Omnexus is now spinning off chunks of its business to other firms. * M-Base Engineering + Software Gmbh in Aachen, Germany, purchased Omnexus' Material Data and Application Center, a database for engineers and application specialists to search among 8000 grades from 35 materials suppliers. The new site, www.materialdatacenter.com, integrates resin properties and applications data. M-Base created and markets the CAMPUS resin database software. * SpecialChem of Paris, France, has acquired the rights to the Onmexus name and content platform, including the daily news service and web seminars. Omnexus acquired the website www.omnexus.com, where the daily news service is now available free of charge. SpecialChem operates an internet portal for plastics additives information, www.specialchem4polymers.com. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion