Click Commerce, which sells collaborative-extranet software and services, is buying channel-management assets from ChannelWave.
Extranet-software maker Click Commerce Inc. is buying the channel-management assets of ChannelWave Inc. Click Commerce gave ChannelWave $1 million and 226,000 shares of its common stock for the assets.
The deal gives Click Commerce a fuller line of applications and services designed to help customers manage their channel-sales operations, comply with regulations, and participate in collaborative commerce, all over extranets.
Click Commerce is getting the technology, customers, and personnel related to ChannelWave's channel-management and service-automation product lines, as well as related services it offers.
ChannelWave is relinquishing its name as well. It was not known at deadline what the new name will be. ChannelWave will continue to sell its E-commerce back-end services, through which the company handles online transactions.
5 Top Federal Initiatives For 2015As InformationWeek Government readers were busy firming up their fiscal year 2015 budgets, we asked them to rate more than 30 IT initiatives in terms of importance and current leadership focus. No surprise, among more than 30 options, security is No. 1. After that, things get less predictable.
. We've got a management crisis right now, and we've also got an engagement crisis. Could the two be linked? Tune in for the next installment of IT Life Radio, Wednesday May 20th at 3PM ET to find out.