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Byline: J. Bonasia
By J. Bonasia
Investor's Business Daily
Ariba Inc.'s acquisition of Agile Software Corp. fills a product gap for one ofthe largest sellers of software to run a company's e-commerce operations.
Ariba agreed on Monday to swap $2.55 billion of its stock for Agile. In return,Agile will help Ariba expand into software that lets corporate customers use the Internet to quickly buy goods for manufacturing.
Ariba has offered mostly software that corp
orate clients can use to procure general supplies.