RealTime IT News, Sign Three-Year Pact

Auction and e-commerce site made a move into the B2B market by teaming up with, signing a three-year deal whereby will provide users with an online marketplace to purchase surplus digital business assets. is a B2B marketplace for surplus technology asset recovery and IT services.

The new marketplace at will sell pre-owned business equipment, such as PCs, laptops, copiers, phone systems, servers and cameras, exclusively through These products have been inspected and fully certified by, taking the "buyer beware" out of B2B auctions, the company said.

Financial arrangements were not disclosed.

" business users will be introduced to affordable, tier-one digital business products without sacrificing quality," said Dennis M. Lynch, founder of " will (gain) visibility for our Fortune 2000 customers who rely on our company to maximize value for their assets." specializes in the asset recovery of digital business technology for leasing companies, e-tailers, retailers, Fortune 2000 businesses and OEMs.

" has been doing business with for a year and we are impressed with their commitment to making sure that each item they sell is of great quality," said Tim Takesue, vice president of merchandising for, a majority-owned operating company of CMGI Inc.