Published November 16, 1999
Volume 7, Number 11

Business Bits


  • Commerce One will team with General Motors to create "GM MarketSite," the world's largest virtual marketplace for a wide array of products, raw materials, parts, and services. The site will help suppliers, dealers, and other businesses take advantage of GM's global purchasing expertise and allow businesses to reduce purchasing cycle times by automatically handling purchase authorization, accounting, and contractual procedures. GM MarketSite will be part of the Commerce One Global Trading Web, a worldwide network of business-to-business e-commerce portals. GM will also hold a seat on the recently formed Global Trading Web Advisory Council. 
  • Pacific Bell Wireless has donated 316 computers to the California School for the Blind in Fremont. The computers will be used with Braille translation devices, magnified screens, and voice recognition programs by students and school officials. 
  • Mallinckrodt Inc. has introduced the Puritan Bennett Aeris 590 oxygen concentrator, the latest in the healthcare company's growing line of products. The Aeris 590 provides supplemental oxygen supply and is used primarily in the home, although it can also be used in sub-acute settings such as nursing homes. 
  • A new market study by the Aberdeen Group indicates that Remedy Corporation is maintaining its lead in Help Desk market share and is gaining significant ground in integrated Customer Relationship Management (CRM) solutions. Remedy more than doubles the market share of its nearest competitor in the $550 million Help Desk market. Remedy CRM Solutions products tied for second place in a field of 16 vendors in the $2.7 billion CRM market. 
  • Kronos, Inc., Simpson Manufacturing, and Remedy Corp. have placed 85th, 113th, and 140th in Forbes Magazine's list of the 200 Best Small Companies. The companies were ranked according to a variety of financial criteria, including 5 year average return on equity, sales, profits, and market value. 


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