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Home > Company Index > Computer Software & Services > Corporate, Professional & Financial Software > Metiom, Inc.

Metiom, Inc.
 NEWS FROM THE STANDARD
B-to-B Sprouts Outside U.S.
Nov 28 2000 04:10 AM PST

 PROFILE
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
Ariba, Inc. (ARBA)
Commerce One, Inc. (CMRC)
i2 Technologies, Inc. (ITWO)

 DEALS
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.

 FINANCIAL OVERVIEW
1999 Sales (mil.): 10.00
Employees: 180
Revenue per employee: $55,555.56

 KEY PEOPLE

• Lowell C. Freiberg
    CFO

 CONTACT INFO
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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