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BW: ArsDigita Completes Acquisition of iAggregate; Partners with Trident Capital

May 25, 2000, 18:52 (0 Talkback[s])

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"ArsDigita Corporation, an open-source enterprise software provider of web-based solutions for corporate, e-commerce and educational communities, today announced it has completed the acquisition of iAggregate. iAggregate's software platform enables companies to provide consolidated services and account information to their customers by aggregating information from multiple sources on the Internet."

"The software is being integrated with the ArsDigita Community System (ACS) -- a suite of open-source, enterprise-class applications that support e-commerce, enterprise management and education/training conducted through online communities."

"iAggregate's technology addresses the need for businesses to seamlessly view and control information and services from disparate sources and vendors, which is crucial for companies doing business on the Internet," said Allen Shaheen, CEO of ArsDigita. "There's a great demand for this service, evidenced by this week's acquisition of OnDisplay by Vignette (NASDAQ:VIGN). However, since the ACS is in constant development by the open-source community, we'll be able to offer aggregation capabilities very quickly as part of our ACS platform."

Press Release