Opensite Inc.
| Position | Bought by Siebel Systems - Brief Article |
DURHAM -- Opensite Inc., which makes auction software for the Web, is selling out without going on the block. The company announced that San Mateo, Calif.-based Siebel Systems, a maker of e-commerce software, is acquiring it for $444 million in stock. Twice before, investors in privately held OpenSite tried to cash out. Last summer, the company filed for an initial public stock offering, then pulled...
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