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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 76.11+0.9%Nov 21 9:30 AM EST

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To: Lynn who wrote (32174)2/10/2000 9:05:00 AM
From: Zoltan!  Read Replies (1) of 77400
 
The Wall Street Journal Interactive Edition -- February 10, 2000

Ford, Cisco Team Up to Speed Wiring
Of 40,000 Suppliers, Dealers for Web

By FARA WARNER
Staff Reporter of THE WALL STREET JOURNAL

Ford Motor Co. formed an alliance with Cisco Systems Inc. to speed the process of wiring more than 40,000 suppliers and dealers to the Internet.

Cisco is taking an equity stake in Ford's supplier exchange, auto-xchange, in which software maker Oracle Corp. already has an equity stake. As part of the arrangement, Cisco will create customized kits for suppliers and auto dealers to buy at a discount....

Financial terms of the deal weren't disclosed. But Cisco spokesman John Earnhart said his company has never done a deal on this scale, noting that the Cisco-Oracle-Ford tie-up to help old-line industrial companies such as auto suppliers with the Web "is a huge proof of the fact that companies want to gain efficiencies using the Net."
interactive.wsj.com
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