Hi Kemble! Agile enters software license pact with Dell
marketwatch.newsalert.com
Reuters Company News - March 16, 2000 11:24
NEW YORK, March 16 (Reuters) - Agile Software Corp. said on Thursday it entered a software license pact with Dell Computer Corp., which will use the software to manage its internal operations and supply chain.
Agile's "Agile Anywhere" software, which allows buyers and suppliers to collaborate, will be integrated with Dell's supplier Internet portal.
"With Agile Anywhere, Dell will rely on a single system to manage a process that required three systems in the past," said Martin Garvin, chief procurement officer at Dell.
Dell, the top direct seller of computers, will also recommend the product to its suppliers worldwide.
As part of Agile's initial public offering in August 1999, Dell took an equity stake in Agile.
The pact includes licenses for more than 3,500 users within Dell's internal operations and its supply chain.
Agile shares, which rose as high as 165-1/2 after the news was announced, were up 3-3/16 to 153-3/16 in Thursday morning trade on Nasdaq. Dell shares fell 1-11/16 to 52. Copyright 2000 Reuters Limited. All rights reserved. |
