Perfect Commerce, Inc., a leading provider of world-class Supplier Relationship Management (SRM) solutions and The Open Supplier NetworkSM (The OSNSM), today announced it has acquired Commerce One, LLC, a leading e-commerce solutions provider. Commerce One pioneered e-commerce by bringing suppliers and buyers together over the Internet. With the acquisition, Perfect Commerce secures complete ownership of Commerce One core technology and intellectual property, an expanded global presence and new revenue opportunities.

All Commerce One operations will be integrated into Perfect Commerce under the leadership of Chairman and CEO Sandy Kemper. Commerce One President Ches Martin will join Perfect Commerce in a senior leadership role, initially focusing on merging the operations of the two organizations. Highly respected for its quality and efficiency in the delivery of the Commerce One procurement application, the Professional Services team of Commerce One, located in Greenville, SC, will join Perfect Commerce in a variety of roles.

“My interviews with Commerce One customers went extraordinarily well and we are particularly pleased to have gained such a strong new base of high volume, active buyers and supplier clients in Europe,” said Kemper. “Perfect Commerce also is fortunate to welcome the talented Commerce One team to our company. This team shares our culture of complete focus on the client.”

“I am extremely optimistic about the acquisition of Commerce One by Perfect Commerce and believe it is the most natural progression for these two companies,” said Martin. “The Greenville team and I look forward to working with Perfect Commerce management and staff to ensure a smooth merging of the two organizations and to continue to provide outstanding customer service.”

The acquisition of Commerce One is a prime example of the tactics implemented by Perfect Commerce to execute the company’s corporate strategy of simplifying commerce. By acquiring Commerce One, Perfect Commerce is able to continue to aggressively grow transaction volume within The OSN, access an established base of European customers and deliver On-Demand Software-as-a-Service (SaaS) solutions to a global marketplace. Prior to this announcement, the two companies enjoyed a strong relationship with many Commerce One clients utilizing The OSN and sharing several joint customers.

“With the acquisition of Commerce One, Perfect Commerce completes a strategy it began a few years ago when it acquired the Commerce One supplier and transaction network,” said Tim Minahan, chief services officer, Aberdeen Group. “The deal reaffirms Perfect Commerce’s roll-up strategy for the SRM market, stabilizes its SRM suite and adds more global marquee companies to Perfect’s customer base.”

Perfect Commerce helps companies improve bottom-line performance through complete source-to-settle On-Demand SRM solutions, including deep supply chain expertise and services and The OSN, the world’s largest independent supplier network. By simplifying the complex challenges of the purchasing process, the company enables businesses to reduce costs, improve efficiencies and accelerate the delivery of bottom-line results.

About Perfect Commerce, Inc.
Providing connectivity to trading partners via The Open Supplier NetworkSM (The OSNSM), Perfect Commerce is the largest provider of On-Demand Supplier Relationship Management (SRM) solutions with more than 500 clients (over 100 of which are in the Fortune 500), 200,000 users and 11,500 suppliers. Headquartered in the metropolitan Kansas City area; with offices in Texas, California, Nevada and France; Perfect Commerce can be reached at 877.871.3788 or