Yahoo! Inc. and Hewlett-Packard Co. Tuesday joined forces to develop an intranet service. The new offering aims to help corporations build "customized employee hubs that provide access to corporate e-services."

Corporate My Yahoo! will offer external and internal content and services that can be customized to specific companies. Users will have access to Yahoo!'s free member services, including e-mail, instant messaging, calendar, address book, clubs, travel reservations and ticket purchases, message boards and stock portfolios. Proprietary content such as interactive product directories and corporate training courses can be customized, the firms said.

HP's e-services division will work with Yahoo! on the project, and said it expects to offer Corporate My Yahoo! licenses as a pay-as-you-go service on the Internet for interested companies.

"Corporate My Yahoo! makes e-services real for the corporate employee by providing them with an on-ramp to internal and external e-services," said Joe Beyers, vice president and general manager of HP's Internet Business Unit. "It will help companies achieve all of the time and cost savings enabled by the Internet."