Under the deal, ANZ will take an initial 15 percent stake in
MultiEmedia, with the option to expand its stake during the three-year term
of the alliance, while appointing an ANZ director to the MultiEmedia board.
The agreement allows the ANZ BizSite to use MultiEmedia’s Zone Studio
product, which offers ANZ’s small business customers the opportunity to
create, edit and maintain professional e-commerce enabled Web sites without
needing HTML or Web design skills.
“We see the provision of our Zone Studio software as the first of many
products we can offer to ANZ customers to support them with their
e-commerce and Internet strategies,” said MultiEmedia’s director of
business development and alliances Jamie Bartels.
“Over the coming months, we will be investigating other opportunities
with ANZ to determine how our technology and expertise might be of value in
other areas,” he said.
As a result of the partnership, ANZ has also gained exclusive access to
MultiEmedia’s technology within the financial services sector, a condition
which is expected to directly benefit ANZ’s small to medium-sized
In recent weeks, MultiEmedia has signed alliances with Deloitte
Consulting and Hewlett Packard to offer the pair e-business applications to
provide to their customers.