Verticalnet provided strategic sourcing and supply management software. Its suite of enterprise applications allowed companies to interact with their suppliers for product sourcing, price negotiation, contract management, and shipment scheduling. The company's software included tools for sharing product information with customers and managing inventories. Verticalnet also offered spend analysis and supply chain consulting services. The company was acquired by BravoSolution, a subsidiary of Italian construction giant Italcementi, in 2008. The purchase established a US presence for BravoSolution, which previously marketed its supply chain software and services primarily in Europe and Asia.