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Home > Company Index > Computer Software & Services > Internet & Intranet Software & Services > Requisite Technology, Inc.

Requisite Technology, Inc.
 NEWS FROM THE STANDARD
IPO Weekly: Not Many Tech Companies in the Pipeline
Feb 23 2001 03:47 PM PST

 PROFILE
Requisite Technology breaks the management of online catalogs down to the necessary essentials. The company's software includes BugsEye, for finding and comparing product and service information from large supplier catalogs, and eMerge, for corporate management of online catalogs. Requisite licenses its software to companies such as Oracle and SAP, which integrate it into procurement suites in exchange for license and royalty fees. Citing a deteriorating market and delayed customer orders, in 2001 the company cut its workforce by about 40%. Investors include Mohr, Davidow Ventures, Sequel Venture, and W.W. Grainger.

 COMPETITION
Ariba, Inc. (ARBA)
Calico Commerce, Inc. (CLIC)
InfoNow Corporation (INOW)

 TRACKERS
Apr. 19, 2001 - LAYOFF TRACKER
250 laid off
Description: Laying off employees due to difficut market conditions.

More LAYOFF NEWS

 FINANCIAL OVERVIEW
Fiscal Year-End: December
1999 Sales (mil.): 7.30
1-Yr. Sales Growth: 426.2%
Employees: 350
Revenue per employee: $20,857.14

 KEY PEOPLE
• Louis Faust
    CEO
• Kathleen J. Cunningham
    CFO

 CONTACT INFO
10955 Westmoor Dr., Ste. 100
Westminster, CO 80021
US
Phone: 303-474-2200
Fax: 303-474-2211
Online: Web Site

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