RealTime IT News

Buzzsaw.com Bulks Up on B2B Services

Looking to cash in on the growing business-to-business trend, construction industry portal Buzzsaw.com Inc. Monday purchased PageMasters Inc., a document management company.

Terms of the deal were not disclosed.

Privately-held PageMasters provides software for engineering, printing, scanning, document processing, and document management for the reprography, architecture, engineering, and construction industries. It has a worldwide distribution of its software through an alliance with Océ, a leading manufacturer of large and small format digital printers and copiers.

With its services, Buzzsaw will offer customers access and management of construction drawings and specifications online, as well as the ability to send orders to local, specialized reprographic printing centers directly from the Buzzsaw.com site.

The acquisition of PageMasters fits with Buzzsaw.com's strategic plan to deliver online project collaboration and e-commerce services for the building and construction industries using a combination of internal development, strategic partnerships, equity relationships and acquisitions, the company said.

"The combination of Buzzsaw.com and PageMasters creates a smooth, last-mile solution for reprographic services," said Carl Bass, Buzzsaw.com's chief executive officer. "We have taken a major step forward in delivering the benefits of online commerce to the AEC industry."

"This agreement presents a tremendous advantage to our customers who will now enjoy an integrated, online approach to organizing, viewing, and ordering plan sets from the Internet."

B2B is the hot buzzword of the day, with a variety of companies enhancing their services to other businesses recently. Yahoo! Corp. (YHOO) last week launched a directory specifically for B2B professionals, and earlier this month networking firm 3Com Corp. (COMS) traded in its consumer services for an expanded role in the enterprise market.