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BtoB

I2, RightWorks deal nears

Published on .

Dallas--Supply chain specialist i2 Technologies Inc. is close to wrapping up a $250 million deal to buy Internet purchasing company RightWorks Corp., San Jose, Calif. The cash-and-stock deal underscores the strained relationship between partners i2 and Ariba Inc., which last year formed a troika with IBM Corp. to provide end-to-end b-to-b solutions for brick-and-mortar companies, said Tim Clark, senior analyst with Jupiter Media Metrix. Ariba recently crept onto i2's turf when it purchased supply chain specialist Agile Software Corp. AMR Research Inc., Boston, estimates that RightWorks had $36 million in revenue in 2000, a $1,700% increase from a year earlier.
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