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Digonex Technologies Snapshot
Digonex Technologies has benefitted from two of the Internet's biggest developments: online auctions and music downloads. The company has two software applications: the patented Digital Online Exchange (DOE), which sets prices depending on supply and demand for web-based retailers, and Nabit, a tool for helping buyers and sellers organize their bids on eBay. The Digital Online Exchange is used in digital media and event ticketing -- for example, how much front row seats and balcony seats should cost at a sporting event. In 2008, Digonex announced that Naxos, a web site that distributes classical music, would start using the Digital Online Exchange to set its prices.
