VerticalNet starts b-to-b software division

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Horsham, Pa.--Online community developer VerticalNet Inc. is getting into yet another business: software. The company has introduced VerticalNet Solutions, a division that will develop and market software for b-to-b exchanges and companies. Among other things, the software will be procurement-geared. The division will compete against giants that already dominate the e-procurement software space, such as Oracle Corp. and Ariba Inc.
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