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Home > Company Index > Computer Software & Services > Corporate, Professional & Financial Software > Metiom, Inc.
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Metiom, Inc. |
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NEWS FROM THE STANDARD |
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B-to-B Sprouts Outside U.S.
Nov 28 2000 04:10 AM PST
PROFILE |
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Metiom's mettle is being sorely tested. Metiom, (formerly Intelisys Electronic Commerce) provides e-commerce software for automating business-to-business transactions. Its Web-based ConnectTrade suite includes modules that let users order products online, build catalogs, manage solicitations and price quotes, and manage e-business transactions. Metiom also offers implementation, maintenance, support, and training services. J.P. Morgan Chase & Co. and Forstmann Little collectively own about two-thirds of Metiom. In 2001 the company slashed its workforce by 80% and filed for Chapter 11 bankruptcy, hoping to sell assets and technology in order to realign its business.
COMPETITION |
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Ariba, Inc. (ARBA)
Commerce One, Inc. (CMRC)
i2 Technologies, Inc. (ITWO)
DEALS |
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Deal: Metiom Gets $45 Million
Date Announced: 01.18.01
Value of transaction (US $Mil): 45
Description: Procurement-software firm for online marketplaces raises $45 million in funding from venture investors; announces reduction of staff by 20 percent.
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FINANCIAL OVERVIEW |
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1999 Sales (mil.): 10.00
Employees: 180
Revenue per employee: $55,555.56
KEY PEOPLE |
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Lowell C. Freiberg
CFO
CONTACT INFO |
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1 Liberty Plaza, 22nd. Fl.
New York, NY 10006
US
Phone: 212-813-3500
Fax: 212-813-3555
Online: Web Site
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Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.
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