internet capital group - joint venture mit dupont - 500 Beiträge pro Seite

[abraxazone]

artikel bei yahoo.com wurde angekündigt (reuters)
dauert wahrscheinlich noch eine halbe stunde.
dann werde ich den artikel hier posten.
mal schauen wie sich heute der kurs entwickeln wird.

[abraxazone]

DuPont and Internet Capital Group Partner to Accelerate E-Commerce Development in Major Industrial Markets

WILMINGTON, Del., Feb. 18 /PRNewswire/ -- DuPont (NYSE: DD - news) and Internet Capital Group (Nasdaq: ICGE - news) today announced the formation of a joint venture that will bring greater reach, lower transaction costs, increased productivity and service to buyers and sellers of industrial goods and services worldwide.

The joint venture, called CapSpan, will leverage Internet Capital Group`s business-to-business (B2B) expertise in building web-based marketplaces and DuPont`s industry knowledge and strength as a large-volume buyer and supplier. Together, they will drive the development and success of neutral marketplaces with other strategic partners, including some of the companies within Internet Capital Group`s network of more than 55 partner companies.

CapSpan combines the knowledge and experience of DuPont, a major industrial corporation, with the speed, technology and expertise of Internet Capital Group, the Internet`s premier B2B operating company. CapSpan will provide management, growth capital, financial, technical and infrastructure capabilities designed to accelerate the development of B2B e-commerce, initially targeting areas such as apparel, chemicals, construction and e-procurement.

The joint venture facilitates DuPont`s strategy to capitalize on global opportunities in the rapidly emerging Internet economy while preserving its strong presence in traditional markets and distribution channels. The newly formed company also strengthens Internet Capital Group`s position as a leading B2B e-commerce company by using DuPont`s significant presence as a buyer and seller in several markets to fuel the growth of its collaborative network of partner companies.

``We selected Internet Capital Group because they can most readily help us capitalize on opportunities in the rapidly emerging Internet economy,`` said Charles O. Holliday, Jr., DuPont chairman and CEO. ``For DuPont, that means we can create wealth from our industry sector expertise, achieve transactional efficiencies, extend the reach of our existing businesses, and create entirely new business opportunities.``

According to industry analysts, the value of the U.S. B2B e-commerce market in 2004 could total as much as $7.3 trillion. The joint venture will allow DuPont and Internet Capital Group to combine their expertise from the industrial world and the Internet world to achieve success in this enormous market opportunity.

``CapSpan provides the necessary ingredients for market success: liquidity, industry sector knowledge, strategic relationships and technology infrastructure,`` said Walter Buckley, president and CEO of Internet Capital Group. ``This joint venture gives Internet Capital Group and its partner companies instant access to the worldwide industry expertise and transaction volume of DuPont and other large corporations, thereby promoting the success of the marketplaces CapSpan enters.``

Erik Fyrwald, DuPont`s vice president of e-commerce and new business development, will become CEO of CapSpan. Skip Maner, Internet Capital Group`s vice president of acquisitions, will become chief operating officer. Both Holliday and Buckley will serve on CapSpan`s board of directors. CapSpan will be based in Wayne, Pa.