VerticalNet and b2bdiversity announce joint alliance

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Horsham, Pa., and Philadelphia--VerticalNet Inc. and b2bdiversity, an online marketplace providing e-commerce resources for women- and minority-owned businesses, on Tuesday announced an agreement in which VerticalNet will provide its supplier-enablement tools to b2bdiversity's supplier companies. Financial terms were not disclosed. Under the agreement, b2bdiversity, which creates diversity portals for Fortune 2000 companies and industry consortia, will offer VerticalNet Marketplace Manager to thousands of its women- and minority-owned suppliers. VerticalNet's Marketplace Manager allows suppliers to present their products and services to corporate procurement buyers.
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