PITTSBURGH (July 18, 2001)—Open Webs Corp. of Pittsburgh has acquired San Francisco-based Blue Tiger Networks, an e-marketplace software provider.
Open Webs, founded in 2000, develops and implements industry-specific peer-to-peer trading communities among manufacturers, distributors and retailers. The addition of Blue Tiger Networks complements Open Webs´ technology by providing an “on-ramp” to its tradingNetwork—an integrated application suite that is used to build industry-specific networks, Open Webs said.
TradingNetwork, according to the company, is application software that combines point-of-sale and accounting software with Internet-based computer-to-computer connectivity. This allows B2B partners to conduct business directly with each other and puts each company in complete control of the rules by which they conduct business.
“It became very clear after initial discussions that our two firms share a similar vision that peer-to-peer enabled e-business software will quickly become the gold standard of business,” said AJ McKenna, president of Open Webs. “Our partnership with Blue Tiger brings true B2B commerce closer to reality by enabling Open Webs to greatly accelerate product rollout and implementation.”
Also, Brad Oberwager, CEO of Blue Tiger Networks, has been named CEO of Open Webs, succeeding Wes Lucas who will remain as chairman of the board of directors. Blue Tiger will relocate to Pittsburgh.