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Microsoft, eBay to develop e-commerce services

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CIOL Bureau
New Update

SAN JOSE: Online auctioneer eBay Inc. and top software maker Microsoft Corp.

said on Monday they have inked a strategic alliance to develop e-commerce

applications and expand their Web presence. The companies said they will work

together to integrate San Jose-based eBay's online marketplace into a number of

Seattle-based Microsoft's Web properties, including some of the company's

worldwide MSN Network sites.

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The integration of eBay's commerce services into Microsoft's Web sites is set

to debut later this year, allowing consumers access to eBay's trading services

via a number of Microsoft's Web properties.

EBay also said it will support Microsoft's technologies, and will be one of

the first Web sites worldwide to offer its community-based commerce application

to Web developers as an XML-based Web service. EBay will also deploy Microsoft

software applications, including Windows 2000 Server and Passport.

The two companies also said they are collaborating on a variety of other

projects around Web services integration. Shares of Microsoft closed at $56.69

on the Nasdaq on Friday, while eBay's shares closed at $34.

(C) Reuters Limited 2001.

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