YOU SCRATCH MY BACK, I'LL SCRATCH YOURS
CrossTier.com and Clarus entered into a strategic partnership agreement under which CrossTier.com will dedicate 50 consultants to implement Clarus Commerce solutions for electronic procurement and marketplaces. In return, Clarus will invest $1.5 million in CrossTier.com.
CASH, CHECK OR CHARGE?
CyberSource signed a definitive agreement to acquire Paylinx. The acquisition will allow CyberSource to provide an enterprisewide payment software solution that integrates with CyberSource's e-commerce transaction services suite to businesses selling through multiple channels. The deal is worth 8.4 million shares of CyberSource common stock.
