Glen T Meakem

US Patent:

6564192, May 13, 2003

Filed:

Jun 8, 1999

Appl. No.:

09/327600

Inventors:

Vincent F. Rago - Pittsburgh PA
Glen T. Meakem - Sewickley PA
Robert G. Stevens - Pittsburgh PA
David J. Becker - Sewickley PA
Anthony F. Bernard - Wexford PA
William D. Rupp - Pittsburgh PA
Daniel C. Heckmann - Pittsburgh PA
Julia L. Rickert - Wexford PA
David M. Sobie - Telluride CO

Assignee:

FreeMarkets, Inc. - Pittsburgh PA

International Classification:

G06F 1760

US Classification:

705 37, 705 26

Abstract:

A method and system for conducting electronic online auctions between a plurality of potential bidders using differential index bidding is disclosed. The originator of the auction specifies one or more indexes as the basis for establishing a competitive price point. The index can be a published market index, or a proprietary price array developed by the buyer. The bidders specify bids as a percentage or absolute amount off of the one or more indexes. The originator of the auction compares the submitted bids and provides feedback to the bidders.

US Patent:

7010511, Mar 7, 2006

Filed:

Mar 31, 1999

Appl. No.:

09/282156

Inventors:

Vincent F. Rago - Pittsburgh PA, US
Glen T. Meakem - Sewickley PA, US
Robert G. Stevens - Pittsburgh PA, US
David J. Becker - Sewickley PA, US
Anthony F. Bernard - Wexford PA, US
William D. Rupp - Pittsburgh PA, US
Daniel C. Heckmann - Pittsburgh PA, US

International Classification:

G06F 17/60

US Classification:

705 37, 705 1, 705 35

Abstract:

A method and system for an electronic auction is described. Bids by participating bidders are specified over multiple contract term segments (e. g. , years), and define a pattern of cash payments over time. The auction system converts the defined pattern of cash payments over time into a net present value bid. The net present value bids are used to effect a comparison between participating bidders.

US Patent:

7152043, Dec 19, 2006

Filed:

Apr 11, 2001

Appl. No.:

09/832381

Inventors:

Marc Alaia - Glenshaw PA, US
David J. Becker - Sewickley PA, US
Anthony F. Bernard - Wexford PA, US
Daniel C. Heckmann - Pittsburgh PA, US
Glen T. Meakem - Sewickley PA, US
Vincent F. Rago - Pittsburgh PA, US
Jason Reneau - Boston MA, US
Frederick W. Roberts - Pittsburgh PA, US
William D. Rupp - Pittsburgh PA, US
Robert G. Stevens - Pittsburgh PA, US

Assignee:

Ariba, Inc. - Sunnyvale CA

International Classification:

G06F 17/60

US Classification:

705 37, 705 26, 705 27

Abstract:

A method and system for conducting electronic auctions is described. A dynamic lot closing extension feature avoids collisions in closing times of multiple lots by dynamically extending the closing time of a subsequent lot if a preceding lot's closing time is extended to be too close to the subsequent lot's then-currently scheduled closing time. In one embodiment, scheduled closing times can be extended with a flexible overtime feature, in which the properties of the event triggering the extension and the duration of the overtime period(s) can be tailored to a particular auction, particular lots of products within an auction, and to the particular time within an auction process.

US Patent:

7249085, Jul 24, 2007

Filed:

Mar 31, 1999

Appl. No.:

09/282157

Inventors:

Vincent F. Rago - Pittsburgh PA, US
Glen T. Meakem - Sewickley PA, US
Robert G. Stevens - Pittsburgh PA, US
David J. Becker - Sewickley PA, US
Anthony F. Bernard - Wexford PA, US
William D. Rupp - Pittsburgh PA, US
Daniel C. Heckmann - Pittsburgh PA, US
Julia L. Rickert - Wexford PA, US
Shane M. Tulloch - Pittsburgh PA, US
Jennifer L. Riddle - Pittsburgh PA, US
Nikki A. Sikes - Pittsburgh PA, US

Assignee:

Ariba, Inc. - Sunnyvale CA

International Classification:

G06Q 40/00

US Classification:

705 37

Abstract:

A method and system for conducting electronic online auctions using multi-parameter price equalization bidding is disclosed. Bids defined in a context of a bidder are transformed into a comparative bid parameter that enables a common basis of comparison for the submitted bids. A transformed bid of a first bidder can also be detransformed into a context of a second bidder, thereby enabling each individual bidder to view a comparison of submitted bids in their own context.

US Patent:

7283980, Oct 16, 2007

Filed:

Apr 9, 2001

Appl. No.:

09/828731

Inventors:

Marc Alaia - Glenshaw PA, US
David J. Becker - Sewickley PA, US
Anthony F. Bernard - Wexford PA, US
Daniel C. Heckmann - Pittsburgh PA, US
Glen T. Meakem - Sewickley PA, US
Vincent F. Rago - Pittsburgh PA, US
Jason Reneau - Boston MA, US
Frederick W. Roberts - Pittsburgh PA, US
William D. Rupp - Pittsburgh PA, US
Robert G. Stevens - Pittsburgh PA, US

Assignee:

Ariba, Inc. - Sunnyvale CA

International Classification:

G06Q 40/00

US Classification:

705 37, 705 1, 705 26

Abstract:

A method and system for conducting electronic auctions is described. A dynamic lot closing extension feature avoids collisions in closing times of multiple lots by dynamically extending the closing time of a subsequent lot if a preceding lot's closing time is extended to be too close to the subsequent lot's then-currently scheduled closing time. Scheduled closing times can be extended with a flexible overtime feature, in which the properties of the event triggering the extension and the duration of the overtime period(s) can be tailored to a particular auction, particular lots of products within an auction, and to the particular time within an auction process. The bidding status of a lot can be set to a “pending” status after the nominal closing time for submission of bids to allow bidders to alert the auction coordinator of technical problems in submission of bids. This allows the possibility for a lot to be return to open status for further bidding by all bidders. The auction may be paused by the auction coordinator to correct technical, market and miscellaneous problems that may arise during the course of an auction.

US Patent:

7395238, Jul 1, 2008

Filed:

Apr 11, 2001

Appl. No.:

09/832437

Inventors:

Marc Alaia - Glenshaw PA, US
David J. Becker - Sewickley PA, US
Anthony F. Bernard - Wexford PA, US
Daniel C. Heckmann - Pittsburgh PA, US
Glen T. Meakem - Sewickley PA, US
Vincent F. Rago - Pittsburgh PA, US
Jason Reneau - Boston MA, US
Frederick W. Roberts - Pittsburgh PA, US
William D. Rupp - Pittsburgh PA, US
Robert G. Stevens - Pittsburgh PA, US

Assignee:

Ariba, Inc. - Sunnyvale CA

International Classification:

G06Q 40/00

US Classification:

705 37

Abstract:

A method and system for conducting electronic auctions is described. A dynamic lot closing extension feature avoids collisions in closing times of multiple lots by dynamically extending the closing time of a subsequent lot if a preceding lot's closing time is extended to be too close to the subsequent lot's then-currently scheduled closing time. Scheduled closing times can be extended with a flexible overtime feature, in which the properties of the event triggering the extension and the duration of the overtime period(s) can be tailored to a particular auction, particular lots of products within an auction, and to the particular time within an auction process. The bidding status of a lot can be set to a “pending” status after the nominal closing time for submission of bids to allow bidders to alert the auction coordinator of technical problems in submission of bids. This allows the possibility for a lot to be return to open status for further bidding by all bidders. The auction may be paused by the auction coordinator to correct technical, market and miscellaneous problems that may arise during the course of an auction.

US Patent:

7558746, Jul 7, 2009

Filed:

Aug 7, 2006

Appl. No.:

11/500823

Inventors:

Marc Alaia - Glenshaw PA, US
David J. Becker - Sewickley PA, US
Anthony F. Bernard - Wexford PA, US
Daniel C. Heckmann - Pittsburgh PA, US
Glen T. Meakem - Sewickley PA, US
Vincent F. Rago - Pittsburgh PA, US
Jason Reneau - Boston MA, US
Frederick W. Roberts - Pittsburgh PA, US
William D. Rupp - Pittsburgh PA, US
Robert G. Stevens - Pittsburgh PA, US

Assignee:

Ariba, Inc. - Sunnyvale CA

International Classification:

G06Q 40/00

US Classification:

705 26, 705 37

Abstract:

Information about a first lot and a second lot is displayed. The information includes a first closing time for the first lot, and a second closing time for the second lot. The second closing time is later than the first closing time. Responsive to the receipt of a bid for the first lot within a first predefined timer interval of the first closing time, an updated first closing time for the first lot is determined. The updated first closing time is displayed. If the updated first closing time is less than a second predefined time interval from the second closing time, an updated second closing time is displayed.

US Patent:

7571137, Aug 4, 2009

Filed:

Oct 31, 2007

Appl. No.:

11/982342

Inventors:

Marc Alaia - Glenshaw PA, US
David J. Becker - Sewickley PA, US
Anthony F. Bernard - Wexford PA, US
Daniel C. Heckmann - Pittsburgh PA, US
Glen T. Meakem - Sewickley PA, US
Vincent F. Rago - Pittsburgh PA, US
Jason W. Reneau - Boston MA, US
Frederick W. Roberts - Pittsburgh PA, US
William D. Rupp - Pittsburgh PA, US
Robert G. Stevens - Pittsburgh PA, US

Assignee:

Ariba, Inc. - Sunnyvale CA

International Classification:

G06Q 40/00

US Classification:

705 37, 705 35, 705 36 R

Abstract:

A method and system for conducting electronic auctions is described. A dynamic lot closing extension feature avoids collisions in closing times of multiple lots by dynamically extending the closing time of a subsequent lot if a preceding lot's closing time is extended to be too close to the subsequent lot's then-currently scheduled closing time. Scheduled closing times can be extended with a flexible overtime feature, in which the properties of the event triggering the extension and the duration of the overtime period(s) can be tailored to a particular auction, particular lots of products within an auction, and to the particular time within an auction process. The bidding status of a lot can be set to a “pending” status after the nominal closing time for submission of bids to allow bidders to alert the auction coordinator of technical problems in submission of bids. This allows the possibility for a lot to be return to open status for further bidding by all bidders. The auction may be paused by the auction coordinator to correct technical, market and miscellaneous problems that may arise during the course of an auction.