Gartner Research

FreeMarkets Captures Covisint Auction Services, but Value Beyond Reverse Auctions Is TBD

Published: 07 January 2004

ID: G00185053

Analyst(s): Kevin Mixer, Pierre Mitchell


E-sourcing vendor FreeMarkets is purchasing the auction services business of Covisint. While Covisint still has many hurdles to overcome, sloughing off its auction services to FreeMarkets is not one of them, and this is guardedly good news for all.

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