Microsoft, imandi.com Forge Strategic Sponsorship Deal
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Microsoft's bCentral small-business site on Wednesday partnered with reverse marketplace imandi.com, in an agreement that lets visitors to the Microsoft (MSFT) site search and request quotes for business products and services.
The deal is the first step in what the companies expect will eventually develop into a more multi-faceted relationship. Aside from the fact that this agreement aligns imandi.com with Microsoft, it also represents the company's focus on the small business market. Financial details weren't disclosed.
Under the terms of the agreement, the two companies will create co-branded pages on the bCentral site, which will allow visitors search and request quotes through imandi.com.
"The Microsoft bCentral sponsorship enables imandi.com to reaffirm our leadership in the reverse marketplace segment," said Raghave Kher, president and chief executive officer of imandi.com.