America Online Inc., and PurchasePro Inc. have formed a partnership to set up 10 business-to-business exchanges, Reuters reported. The effort will target small businesses.
AOL and PurchasePro said 10 companies, including Hewlett-Packard Co., Homestore.com and Spherion Corp., had licensed PurchasePro’s b-to-b online exchange software to set up private marketplaces that would link to AOL’s own exchange, Netbusiness Marketplace, for the mass buying and selling of goods.