Enterprise resource planning vendor PeopleSoft Inc. today announced plans to resell Internet-based procurement software developed by Commerce One Inc. in Walnut Creek, Calif.
PeopleSoft, in Pleasanton, Calif., also said it will make an $8 million equity investment in Commerce One as part of the deal.
Commerce One's software for buying office supplies and other goods online is being sold by PeopleSoft under the name Procurement Community and will be part of a wider series of e-commerce applications PeopleSoft is due to ship later this year.
PeopleSoft users will also be able to access an online marketplace Commerce One operates at www.MarketSite.net, the two companies said.
This story, "PeopleSoft to resell Commerce One Net software" was originally published by Computerworld.