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Ariba buys Tradex for $1.86 billion

Ariba, Inc. (Nasdaq: ARBA) said Thursday that it will acquire privately held Tradex Technologies, Inc.

Ariba, Inc. (Nasdaq: ARBA) said Thursday that it will acquire privately held Tradex Technologies, Inc., which provides a business-to-business trading platform, in a stock-swap deal valued at $1.86 billion. Ariba said the move will extend its expertise into buy-side e-commerce. Full story. Larry Dignan, ZDNet Inter@ctive Investor