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PRNewswire: StarBase Announces License Agreement with OpenAvenue

Sep 28, 1999, 19:17 (0 Talkback[s])

"StarBase Corporation...announced today an agreement in principle for a licensing arrangement with OpenAvenue Inc., a Delaware Corporation ("OpenAvenue")."

"Under the terms of the licensing agreement StarBase will provide its acclaimed StarTeam software to OpenAvenue for deployment as the key structural technology within OpenAvenue's comprehensive open-source portal to the software development community. In return, StarBase will receive a licensing fee, an annual maintenance contract, and the exclusive right to sell the OpenAvenue portal on a private-labeled basis, for use as both a corporate Intranet and Extranet. Through a revenue sharing partnership, OpenAvenue will host private projects as an Application Service Provider (ASP) to customers of both companies. StarBase management believes that the private-labeled sale of the OpenAvenue portal, as a virtual private network, will represent the ultimate team-enabled environment for StarBase's customers."

"Portals have emerged as the most effective way to cope with the information overload brought by the Internet," stated Gerry Murray, director at International Data Corporation. "Consumer portals enable us to make sense of vast quantities of content and easily find areas of interest. The latest trend in portals is the enterprise information portal. The enterprise portal represents a radical new way of computing that is tremendously more cost effective than traditional approaches, because IT can deploy and support a single central desktop that serves personalized pages and maintains security throughout the enterprise..."

Complete Press Release