Dairy.com, an online vertical internet exchange serving the dairy industry, and INC2inc Technologies Corporation, a business-to-business replenishment e-market for the food and beverage industry, have merged and formed a parent company named Momentx. The new company hopes to leverage the complementary strengths of Dairy.com and INC2inc to accelerate development of their e-market solutions.
The merger with Dairy.com gives INC2inc additional access to capital, customers and technology, including access to the bid-ask pricing exchange that is being built by Dairy.com. More than 45 food and beverage companies are currently transacting business over INC2inc's e-market, which was launched in March 2000.