Stories about: Microarts

In its continuing struggle towards profitability, listed IT services provider and product distributor IT&e has decided to sell its distribution business and concentrate instead on "pure e-commerce and IT services"

Through its Garage Program Hewlett-Packard has given its support and $6 million to trade exchange builder World Trade Online Holdings. In other deals Pink Elephant has bought an Australian company, while Adacel has bought the subsidiary of a US company and Keycorp has entered a deal with MasterCard. In the US, the gloomy financial forecasts continued unabated

Accounting software developer MYOB has not let the grass grow under its feet but has moved quickly to cash in as Australia Post moves into the new economy in a big way. Elsewhere the wheeling and dealing grew more frantic both in Australia and abroad

When e-commerce first entered the mainstream a few years ago, most companies believed the business-to-consumer model would provide the best long-term profit potential. But as many B2C efforts failed to gain steam--or failed outright--thinking has shifted. Today many believe that business-to-business e-commerce is the path to profitability on the Web.

Ecommerce integration group IT&e Ltd has acquired Sydney-based network integration company The Missing Link Computer Solutions (TML), to extend its business-to-business ecommerce development capability.