Business
Investor AM: Ariba pays up for sales-impaired startup
What's a business-to-business startup to do when it hasabout $267,000 in sales since inception and doesn'tstand much of a chance on the IPO market? Find awell-heeled acquirer such as Ariba (arba) to fork over $581million and sell out.
What's a business-to-business startup to do when it has about $267,000 in sales since inception and doesn't stand much of a chance on the IPO market? Find a well-heeled acquirer such as Ariba (arba) to fork over $581 million and sell out. Full story. -- Larry Dignan, ZD Inter@ctive Investor