Tradex Technologies
Tradex Technologies Inc. was an American electronic commerce company and developed completely Java- based business-to-business (B2B) software in the 1990s.
history
The Tradex software originally emerged from an Internet marketplace that the Swiss computer manufacturer Dynabit produced in 1995. In 1996 Daniel Aegerter founded TRADEX Technologies in Tampa , Florida out of his company Dynabit to advance the development of e-commerce software for a wide variety of Internet marketplaces. In 1996 the company received an award from the Gartner Group and InformationWeek (digital magazine) as the best Internet B2B e-commerce solution. In 1999 Tradex was finally the market leader with its product Tradex Commerce Center ; the company had six offices in the United States and one each in London and Tokyo . Tradex's customers included American Express , Nippon Telegraph and Telephone (NTT), Chemdex, MetalSite, Electronic Data Systems (EDS) and Raytheon .
Sold to Ariba
In the course of the dotcom boom , Tradex was sold to the American company Ariba Inc. in December 1999 for 1.86 billion US dollars . However, by the time the transaction closed in March 2000, the share price of the merged company , in which Tradex shareholders were involved, had increased and the sale was ultimately worth $ 5.6 billion. The closing of the sale in March 2000 coincided with the peak of the dot-com bubble and up until 2004 was the world's largest takeover in the software industry .
Individual evidence
- ↑ a b c d e f Dynabit founder Aegerter sells Tradex for $ 1.8 billion to Ariba , Swiss IT Reseller (mvb). December 17, 1999. Archived from the original on March 4, 2016 Info: The archive link has been inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. . Retrieved October 5, 2011.
- ↑ a b c Sandra Escher: Serious risk capitalist , HandelsZeitung. July 11, 2001. Retrieved October 6, 2011. ( Page no longer available , search in web archives ) Info: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice.
- ↑ Thomas Wyss and Thomas Hengartner, Interview with Daniel Aegerter, "The most important word is no", Finanz und Wirtschaft, Allgemeine Anlagen, May 29, 2010.
- ↑ Marc Fischer: Treasure hunt with the Armada, interview with Daniel Aegerter , stocks.ch. April 20, 2006. Retrieved October 5, 2011. ( Page no longer available , search in web archives ) Info: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice.
