Microsoft, Radiant to create Web marketplaces for retailers

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Redmond, Wash.--Microsoft and Radiant Systems will create Web marketplaces for retailers. The marketplaces will allow small and midsize retailers to buy supplies for their businesses. Microsoft also will take an undisclosed equity stake in Radiant Systems, Atlanta. Earlier this week Sears Roebuck and Co., Chicago; Carrefour Supermarche SA, Paris; and Oracle Corp., Redwood Shores, Calif., announced they would launch a b-to-b retail online exchange.
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