News
News
2/2/2005
07:30 PM
Connect Directly
RSS
E-Mail
50%
50%

Click Commerce Picks Up Assets Of ChannelWave

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.

Comment  | 
Print  | 
More Insights
The Business of Going Digital
The Business of Going Digital
Digital business isn't about changing code; it's about changing what legacy sales, distribution, customer service, and product groups do in the new digital age. It's about bringing big data analytics, mobile, social, marketing automation, cloud computing, and the app economy together to launch new products and services. We're seeing new titles in this digital revolution, new responsibilities, new business models, and major shifts in technology spending.
Register for InformationWeek Newsletters
White Papers
Current Issue
InformationWeek Tech Digest - July 22, 2014
Sophisticated attacks demand real-time risk management and continuous monitoring. Here's how federal agencies are meeting that challenge.
Flash Poll
Video
Slideshows
Twitter Feed
InformationWeek Radio
Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.