|DEARBORN, MI and AUSTIN, TX - Ford Motor Company and Trilogy
Software today announced their intention to create an Internet joint venture. The new
company will serve as Ford Motor Company's full-service e-business partner and is intended
to develop and operate all of Ford's customer-facing Web sites. It will also offer similar
services to Ford's dealers around the world.
Joe Liemandt, CEO of Trilogy, Brian Kelley, Ford VP & Chris
Porch, head of the Ford-Trilogy joint venture
|The new company's mission is to accelerate the
evolution of Ford Motor Company and its dealers' Web sites into the automotive industry's
premier Web destinations for Ford consumers. The new company will be based in Austin, TX,
with offices in Dearborn, MI, Irvine, CA and Europe.
e-business strategy reflects the future of Ford Motor Company, and Trilogy was the clear
choice as the Internet partner to ensure that our Internet strategy-and the strategy of
our dealer partners-is a global success," said Jac Nasser, president and CEO of Ford
MotorCompany. "Trilogy's extraordinary Internet experience, technology and company
culture complement Ford's e-business drive and the strategic initiatives we already have
underway with other strong partners."
"The joint venture we plan to form with Trilogy fits well with Ford's overall
Internet strategy," said Brian Kelley, president of Ford ConsumerConnect and vice
president of Ford Motor Company. "Our top priority is to have the world's finest Web
sites for our Ford, Lincoln, Mercury, Volvo, Jaguar and Mazda brands. This venture will
work closely with our dealers to make our sites the most powerful in the industry."
"Ford demonstrates the vision to become the premier online force in today's
trillion dollar automotive industry," said Joe Liemandt, president and CEO of Trilogy
Software. "The new venture will be armed with the best people, technology and
resources and will help Ford move at Internet speed in deploying global customer-facing
e-business initiatives. The end result will be a synergy between Ford.com and Ford's
thousands of worldwide dealers to offer consumers the best buying experience on and off
the Web," Liemandt added.
While Ford will retain a majority stake in the initiative, both Ford and Trilogy are
making a significant financial investment in the new company, as well as additional
investments in the form of employees and technology. An initial group of Ford and Trilogy
employees will form the new company's core team that will include product and e-commerce
(Feb. 23, 2000)