BroadVision, PricewaterhouseCoopers in Global Alliance
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BroadVision Inc., a developer of e-commerce solutions, Wednesday partnered with PricewaterhouseCoopers to develop global e-business technology.
Financial terms of the agreement were not disclosed.
Through the alliance, the companies will offer customer relationship management (CRM) tools and services to clients in the United States and Europe, while expanding their reach into Asia and Australia.
"We selected PricewaterhouseCoopers and BroadVision, respectively, to assist us in the architecture and development of a prototype for our Secured Dynamic Trading Network (SDTN) for B2B exchanges," Nagy said. "Both organizations assisted us in developing a prototype of our SDTN that provides a rules-based system for authentication, on-line negotiation, electronic contract generation, secured payment processing and logistics and shipment management."
Wednesday's announcement is an expansion of an existing alliance. The two companies have been working together for more than a year on more than 20 engagements that address many industries, including the packaged goods and energy industries as well as retail and telecommunications.
According to a joint statement, "The expanded alliance will combine the global reach, business acumen, consulting and systems integration of PricewaterhouseCoopers with the BroadVision's comprehensive suite of integrated ebusiness software and services."
were trading up $2 9/16, or about 27 percent, to
$12-1/4 in midday-trading on NASDAQ.