Ariba, Inc. (Nasdaq: ARBA), the leading spend management
solutions provider, today announced that Walki Group, a leading
producer of protective packaging materials and technical laminates,
will leverage its on-demand offerings to enhance its competitive
advantage and fuel growth across its business. Under the terms of a
new agreement, Walki will use Ariba� Sourcing� On Demand to
streamline its procurement process and drive rapid and sustainable
savings across a wide range of goods and services.
�In the face of intense global competition, Walki remains
focused on streamlining our operations so that we can continue to
perform well in challenging, ever-changing economic conditions,�
said Mikael Nov�ky, Vice President of Sourcing, Walki. �With
Ariba�s on-demand spend management solutions, we have access to
technology and best-practice processes that allow us to better
manage our spend and reduce our costs so that we can achieve these
goals.�
A robust and flexible offering, Ariba Sourcing On Demand
combines the technology, expertise and services needed to create
effective markets for a wide range of direct materials and indirect
goods and services with best practice processes that companies of
all sizes can implement to improve the efficiency and effectiveness
of their procurement operations and create value across their
entire organization. Delivered as a hosted solution, Ariba Sourcing
On Demand requires no investments in special hardware and can be
quickly and cost-effectively implemented across locations and
geographies.
�Walki has a strong reputation for its commitment to product
quality and innovation,� said Mike Arenth, EMEA General Manager,
Ariba. �In selecting Ariba�s solutions to power its spend
management initiatives, the company can drive bottom-line
improvements that enhance its performance, its products, and
ultimately its competitive advantage.�
About Walki Group
Walki Group produces wrappings for the paper and metal
industries, food and consumer packaging materials, decorative and
functional laminates, barrier liners for solid and corrugated
packaging, composite materials for the insulation and construction
industries as well as technical papers. Walki operates production
units in Finland, Germany, Poland, the U.K., China and Sweden. In
2008, Walki had net sales of approx. 300 million euros and was
employing about 1000 people.
About Ariba, Inc.
Ariba, Inc. is the leading provider of on-demand spend
management solutions. Our mission is to transform the way companies
of all sizes, across all industries, and geographies operate by
delivering software, service, and network solutions that enable
them to holistically source, contract, procure, pay, manage, and
analyze their spend and supplier relationships. Delivered on
demand, our enterprise-class offerings empower companies to achieve
greater control of their spend and drive continuous improvements in
financial and supply chain performance. More than 1,000 companies,
including more than half of the companies on the Fortune 100, use
Ariba solutions to manage their spend from sourcing and orders
through invoicing and payment. For more information, visit
www.ariba.com.
Copyright � 1996 � 2009 Ariba, Inc.
Ariba, the Ariba logo, AribaLIVE, SupplyWatch, Ariba.com,
Ariba.com Network and Ariba Spend Management. Find it. Get it. Keep
it. are registered trademarks of Ariba, Inc. Ariba Spend
Management, Ariba. This is Spend Management, Ariba Solutions
Delivery, Ariba Analysis, Ariba Buyer, Ariba Category Management,
Ariba Category Procurement, Ariba Contract Compliance, Ariba
Contracts, Ariba Contract Management, Ariba Contract Workbench,
Ariba Data Enrichment, Ariba eForms, Ariba Invoice, Ariba Payment,
Ariba Sourcing, Ariba Spend Visibility, Ariba Travel and Expense,
Ariba Procure-to-Pay, Ariba Workforce, Ariba Supplier Network,
Ariba Supplier Connectivity, Ariba Supplier Performance Management,
Ariba Content Procurement, Ariba PunchOut, Ariba QuickSource,
PO-Flip, Ariba Spend Management Knowledge Base, Ariba Ready, Ariba
Supply Lines, Ariba Supply Manager, Ariba LIVE, It�s Time for Spend
Management and Supplier Lifecycle Management are trademarks or
service marks of Ariba, Inc. All other brand or product names may
be trademarks or registered trademarks of their respective
companies or organizations in the United States and/or other
countries.
Ariba Safe Harbor
Safe Harbor Statement under the Private Securities Litigation
Reform Act 1995: Information and announcements in this release
involve Ariba's expectations, beliefs, hopes, plans, intentions or
strategies regarding the future and are forward-looking statements
that involve risks and uncertainties. All forward-looking
statements included in this release are based upon information
available to Ariba as of the date of the release, and we assume no
obligation to update any such forward-looking statements. These
statements are not guarantees of future performance and actual
results could differ materially from our current expectations.
Factors that could cause or contribute to Ariba's operating and
financial results to differ materially from current expectations
include, but are not limited to: the impact of the credit crises on
Ariba�s results of operations and financial condition; delays in
development or shipment of new versions of Ariba's products and
services; lack of market acceptance of Ariba's existing or future
products or services; inability to continue to develop competitive
new products and services on a timely basis; introduction of new
products or services by major competitors; the ability to attract
and retain qualified employees; difficulties in assimilating
acquired companies, long and unpredictable sales cycles and the
deferrals of anticipated orders; declining economic conditions,
including the impact of a recession; inability to control costs;
changes in the company's pricing or compensation policies;
significant fluctuations in our stock price; the outcome of and
costs associated with pending or potential future regulatory or
legal proceedings; the impact of our acquisitions, including the
disruption or loss of customer, business partner, supplier or
employee relationships; and the level of costs and expenses
incurred by Ariba as a result of such transactions. Factors and
risks associated with its business, including a number of the
factors and risks described above, are discussed in Ariba's Form
10-Q filed with the SEC on May 6, 2009.
Ariba (NASDAQ:ARBA)
Historical Stock Chart
Von Jun 2024 bis Jul 2024
Ariba (NASDAQ:ARBA)
Historical Stock Chart
Von Jul 2023 bis Jul 2024