Cents and Sensibility - Kimberly and Friends' Consortium Message Board

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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: puborectalis who wrote (47753)	12/17/1999 10:08:00 PM
From: 2MAR$	of 108040

ARBA making itself hugely formidable with the ingesting Tradex, but wait there's more, Steve did you see who just invested in Tradex? biz.yahoo.com <PLANO, Texas, Dec. 17 /PRNewswire/ - Global information technology services leader EDS (NYSE: EDS - news) increased its commitment today to Internet and business-to-business (B2B) innovation with the announcement of its plans to form EDS - A.T. Kearney Ventures. This new e-business fund will focus its investments on Internet and B2B companies over five years. When fully funded at $1.5 billion, it will be one of the largest corporate venture funds of its kind and will enable EDS to take equity positions in its Internet-based clients, primarily those that are either consulting clients or alliance partners. EDS also announced the fund's first investments: EDS CoNext(TM) and Tradex Technologies, Inc. Plans call for half of the seed money for the new unit will be committed by EDS in the next five years. The other half will be funded by others, including clients and select private equity funds.>> Pet the baby Gorrillas , while you still can... LOL! :-) mars

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