Converge to Provide Global High-tech Market Pricing and Information to the Bloomberg Network; Financial News Leader to Leverage ConvergeKnowledge Service Offering.Business/Technology Editors PEABODY, Mass.--(BUSINESS WIRE)--July 26, 2001 Converge, Inc., a leading global marketplace, today announced an agreement to provide Bloomberg, the world's financial news leader, with daily commodity pricing and supply and demand forecasts for the electronics industry. The figures will be sourced from ConvergeKnowledge(SM), an online service that provides pricing trends, industry news, commodity insights reports and access to a community of hundreds of industry experts from world-leading companies and organizations. The agreement underscores Converge's position as a robust and unique source of information and services for financial institutions and high-technology manufacturing. ConvergeKnowledge is differentiated through its independence, impartiality and first-hand access to trading transaction data from its global electronics exchange. The real-time market information provided by ConvergeKnowledge and its interactive community benefits users by speeding intelligent decision making and enhancing industry-wide collaboration. ConvergeKnowledge helps high-tech manufacturers and distributors apply global market information and pricing trends to current inventory positions and future inventory requirements, thus enabling proactive inventory management practices. ConvergeKnowledge is an integral component of Converge's comprehensive and integrated suite of collaboration and trading supply chain management services. About Converge, Inc. Converge is a global marketplace that delivers a comprehensive suite of collaborative services for achieving sustainable supply chain efficiencies in the high-technology industry. Converge enables customers to access a secure and reliable environment with specialized market information to design, plan, order, trade and move products and services. Converge's industry leading founders include: Agilent Technologies (NYSE NYSE See: New York Stock Exchange : A), AMD (Advanced Micro Devices, Inc., Sunnyvale, CA, www.amd.com) A major manufacturer of semiconductor devices including x86-compatible CPUs, embedded processors, flash memories, programmable logic devices and networking chips. (NYSE: AMD), Canon (NYSE: CAJ CAJ Canadian Association of Journalists CAJ Christliche Arbeiterjugend (German Young Christian Workers) CAJ China Academic Journals CAJ Christian Academy in Japan CAJ Canaima, Venezuela (Airport Code) ), Compaq (NYSE: CPQ CPQ Compaq CPQ Conseil du Patronat du Québec (Canada) CPQ Configure-Price-Quote CPQ Conseil de Presse du Québec (Québec Press Council, Canada) CPQ Companion Parrot Quarterly ), Gateway (NYSE: GTW GTW Gateway, Inc. (stock symbol) GTW Global Trade Watch GTW Grand Trunk Western (railroad) GTW Gatwick Airport GTW Global Trading Web (Commerce One B2B-platform) ), Hitachi (NYSE: HIT), Hewlett-Packard (NYSE: HWP), Maxtor (NYSE: MXO), NEC (NEC Corporation, Tokyo, www.nec.com, www.necus.com) An electronics conglomerate known in the U.S. for its monitors. In Japan, it had the lion's share of the PC market until the late 1990s (see PC 98). NEC was founded in Tokyo in 1899 as Nippon Electric Company, Ltd. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : NIPNY), Samsung Electronics (05930.KS), SCI (Scalable Coherent Interface) An IEEE standard for a high-speed bus that uses wire or fiber-optic cable. It can transfer data up to 1GBytes/sec. (hardware) SCI - 1. Scalable Coherent Interface. 2. UART. Systems (NYSE: SCI), Solectron (NYSE: SLR (1) (Scalable Linear Recording) A line of magnetic tape drives from Tandberg Data that evolved from the QIC Data Cartridge format. See QIC. (2) (Single Lens Reflex) A camera that uses the same lens for viewing and shooting. ), Sumitomo, Synnex/Mitac (privately held), Tatung (TAI: 2371.TW) and Western Digital (NYSE: WDC). For more information about Converge, call (877) 693-5694 or (314) 612-7141 (outside US), or send email to: info@converge.com. About Bloomberg Bloomberg L.P. is a global, multi-media based distributor of information services, combining news, data and analysis for financial markets and businesses. Bloomberg provides real-time pricing, historical pricing, indicative data, analytics and electronic communications 24 hours a day through 159,000 BLOOMBERG Professional(R) systems used by over 200,000 financial professionals in 120 countries. Bloomberg media includes television, radio, publishing and Internet operations worldwide. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion