“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…”