Wednesday, May 4, 2005

Agribuys Merges With Foodconnex Worldwide

Torrance-based Agribuys, a venture-backed provider of supply chaim management software for the food industry, said yesterday that it has agreed to merge with Foodconnex Worldwide. The two companies said that the new company will be named FoodLink Online, and will provide an expanded network of buyers. The new company will be based in Torrance, and will be headed by Agribuys CEO Vijay Yajnik. Financial terms were not disclosed.

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