IBM Backs Australian Web Outfit
by Volker Weber
IBM has announced a global alliance with a little-known Australian software company, Presence Online. The deal was revealed by IBM Australia and NZ CEO Phil Bullock at yesterday's IBM Focus 2002 gabfest in Sydney.
Presence Online has developed a Web content management application called Aptrix which it says can deliver services across any platform. IBM has not taken equity in the privately owned Australian company. But Presence Online has already had venture capital injections from Deutsche Bank and Rothschild.
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