Manufacturing Industry
IBM to Use E2open for Excess Goods
Electronic News, August 20, 2001 by Rob Spiegel
IBM CORP. OF ARMONK, N.Y., LAST WEEK ENTERED INTO AN contract to use the Belmont, Calif.-based e-marketplace consortium, [E.sup.2]open, to conduct private and public auctions of discontinued and excess components. Representatives from IBM (nyse: IBM) stated they intend to auction internal and external hard disk drives, semiconductors, LCD panels and tape subsystems in commercial lot sizes.
One of [E.sup.2]open's founding members, IBM expects to reach new customers through the auctions.
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