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Gateway makes deal with PurchasePro

PurchasePro and Gateway Inc. on Monday announced a strategic alliance that provides for PurchasePro to develop B2B marketplaces for the computer maker.
Written by ZDNET Editors, Contributor

PurchasePro and Gateway Inc. on Monday announced a strategic alliance that provides for PurchasePro to develop B2B marketplaces for the computer maker. Although the deal earned some support from analysts, PurchasePro's stock price edged downward Monday 0.38 to 87.5. Gateway has licensed three digital marketplaces from PurchasePro, for which it will pay licensing, hosting and maintenance fees. The companies will split recurring subscription, advertising and transaction fees. Full story. -- Tiffany Kary, ZDNet Inter@ctive Investor

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