FreeMarkets

FreeMarkets creates business-to-business online auctions for buyers of industrial parts, raw materials, commodities and services. FreeMarkets combines industry-leading technology, a wealth of market information, online market-making expertise and market operations to help significantly improve the sourcing process and generate fast, measurable results and immediate and ongoing returns on investments. In January of 2004, FreeMarkets was acquired by Ariba, Inc., a leading Enterprise Spend Management solutions provider.