RealTime IT News

Navarre Forms Strategic Alliance With theglobe.com

Minneapolis, MN-based Navarre Corp. entered into a strategic alliance with online community site theglobe.com to become a supplier of software for globeDirect, theglobe.com's e-commerce initiative.

"Navarre's strength as the market leader in distribution of entertainment software and theglobe.com as an exciting new Internet marketer, provide both companies with a terrific opportunity," said Eric Paulson, president and CEO of Navarre. "Our combined efforts will result in consumers having instant access to the hottest consumer software."

Financial terms of the agreement were not disclosed.

"We chose Navarre as a strategic fulfillment partner for our new e-commerce strategy because of their high quality distribution system, in-stock position and customer service orientation," said Todd Krizelman, co-CEO and co- president of theglobe.com. "Navarre has tremendous expertise in Internet distribution fulfillment and is rapidly becoming the leading distributor for e-commerce sites."

Navarre's major business groups are: Computer Products Division, which publishes and distributes quality consumer software to retailers nationwide; Independent Music Distribution, which is a major distributor of independent music labels in the United States and now Canada; ARM which distributes major label music to non-traditional retail outlets; DVD Home Video distribution; and the majority-owned subsidiary NetRadio Network, featuring 150 channels of originally programmed audio content, and its online stores, CDPoint and SoftwarePoint.