RealTime IT News

Blair Hails New Dialog/Fujitsu Alliance

Making a rare statement in support of a commercial alliance, Prime Minister Tony Blair congratulated The Dialog Corp. and Fujitsu of Japan for concluding a software licensing agreement.

Blair called the deal "a significant and very welcome development in Anglo-Japanese trading relations."

The new agreement, announced Wednesday, means that Fujitsu will be able to deploy Dialog's InfoSort software in its products and services, while incorporating Dialog's online services into solutions for its customers worldwide.

Fujitsu plans to develop develop Japanese versions of both the InfoSort indexing and categorisation software and Dialog's knowledge management solution, LiveIntranet.

"Fujitsu's interest in such a wide ranging alliance was ignited by our acquisition of Knight Ridder Information, which gave us a true global presence and expanded our breadth of information services a hundred fold," said Dan Wagner, Dialog's chief executive.

"For the past 18 months, we have been in negotiation with Fujitsu to conclude this landmark agreement which endorses the support received from those investors who have shared our vision since that time."

Dialog stands to gain substantial revenues as a result of the agreement, receiving royalties for licenses, services and support, plus further royalties for sales of online services and InfoSort sales.

By midday Wednesday, Dialog's shares had risen over ten percent on the news.