IBM, Agridata Sign Joint Development Agreement; New Services To Sprout On Information Network


Agridata Resources, Inc. and IBM Corp. have signed an agreement to jointly develop new services to be distributed over the IBM Information Network. Details of their plans are not available, but the deal should permit Agridata to leverage its existing online database of market and other agricultural information into new areas, possibly including online trading of agricultural commodities.

"Our business concept is tying agriculture together electronically," says Agridata president Richard Weening.

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