Consortium: Definition and additional resources from BNET
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BNET Business Dictionary

Business Definition for: Consortium

  • a group of independent organizations that join forces to achieve a particular goal, for example, to bid for a project or to conduct cooperative purchasing. A consortium goes on to complete the project if its bid is successful and is often dissolved on completion. This form of temporary alliance allows diverse skills, capabilities, and knowledge to be brought together.
  • an association of several entities with a view to carrying out a joint venture.
  • See also Joint Venture

Wiktionary Definition for: Consortium

  • #An association or combination of businesses, financial institutions, or investors, for the purpose of engaging in a joint venture
  • #A similar arrangement among non-commercial institutions or organizations
  • #An association or society
  • #(''law'') The right of a spouse to all the normal relationships with his or her mate

Additional Resources

Quantum and Former Senior Executive of General Motors Join Plug-In Hybrid Consortium
IRVINE, Calif. -- The Plug-In Hybrid Development Consortium (the "Consortium") announced that Quantum Fuel Systems Technologies Worldwide, Inc. ("Quantum") (Nasdaq:QTWW) and Mr. Alan Perriton, former Senior Executive of General Motors Asia/Pacific, have joined the Consortium. The Consortium is made up of a growing number of automotive suppliers, manufacturers and other...
Tags: consortium, General Motors Corp., plug-in, Quantum Corp.
Research articles 2006-03-27
Southern California Edison Joins Plug-In Hybrid Consortium
PROVO, Utah -- The Plug-In Hybrid Development Consortium (the "Consortium") announced that Southern California Edison ("SCE") (NYSE:EIX) has joined them as a founding member. The Consortium is made up of a growing number of automotive suppliers, manufacturers and other organizations working together to accelerate the commercial production of Plug-in Hybrid...
Tags: consortium, plug-in, Southern California Edison
Research articles 2005-12-22
Mantas Launches Industry Best Practice Consortium
Consortium Fosters A Common Approach and Voice to Regulators Worldwide
Tags: industry, Mantas
Research articles 2007-10-15
Application Clustering Solution Provider Emic Joins ObjectWeb Consortium
SAN JOSE, Calif., USA & GRENOBLE, France -- Emic Joins Consortium With Goal of Promoting Open Source Adoption in the Enterprise; Reinforces Consortium International Outreach; Appoints ObjectWeb's Chief Architect as Principal Architect of Java Technologies
Tags: clustering
Research articles 2005-04-04
AMD Executive Elected President of the HyperTransport Technology Consortium
SUNNYVALE, Calif. -- The HyperTransportTM Technology Consortium, a nonprofit industry organization that manages and promotes low-latency HyperTransport technology, today announced the election of David Rich, Director of Business Development and Support, Boston Design Center at AMD, as President of the Consortium, reporting to the Consortium's Board of Directors. Mr. Rich...
Tags: Advanced Micro Devices Inc., consortium
Research articles 2005-01-17
HP and Salutation Consortium to Collaborate on Integrating JetSend Technology
SAN JOSE, Calif.--BUSINESS WIRE--July 21, 1997--The Salutation Consortium today announced that it is working with Hewlett-Packard Company, a member of the Consortium, on ways to support HP's newly announced JetSend technology in the Salutation Architecture.
Tags: consortium, Hewlett-Packard Co.
Research articles 1997-07-21
AFP Color Consortium Leading Innovation in Color Printing
IBM today announced that Xerox Corporation (NYSE: XRX) has joined the AFP Color Consortium, bringing the membership total to 18. The consortium, involving leaders from across the printing industry, is working to bring reliability, data integrity, quality and consistency to high volume color printing environments.
Tags: consortium, printing
Research articles 2005-02-24
Kana Becomes Executive Member of International ASP Industry Consortium; Over 340 Companies, Including Kana, Have Joined New Consortium
Business Editors
Tags: industry, Kana Software Inc.
Research articles 2000-03-21
Mirapoint Joins Growing International ASP Industry Consortium; Nearly 400 Companies, Including Mirapoint, Have Joined New Consortium
Business Editors
Tags: industry
Research articles 2000-03-20
CDW-G Adds New Companies to Small Business Partner Consortium
Consortium Helps Small Businesses Win Federal Information Technology Contracts
Tags: small business
Research articles 2006-11-06
CDW-G Adds New Companies to Small Business Partner Consortium
Consortium Helps Small Businesses Win Federal Information Technology Contracts
Tags: small business
Research articles 2007-10-23
Compugen Leads Consortium to Model Cancer Related Kinase Pathway; European Commission to Fund SIMAP Consortium
TEL AVIV, Israel -- Compugen Ltd. (Nasdaq:CGEN) announced today that it is leading a consortium for the development of a platform to simulate the MAP-kinase pathway, a signaling pathway related to cancer which is already targeted by a number of cancer therapies and diagnostic tests.
Tags: consortium, European Commission
Research articles 2006-03-07
Microsoft Joins Velocity Series Consortium
Microsoft Brings SMB Leadership to the Consortium to Drive PLM to Mid-market Manufacturers in Asia Pacific
Tags: Microsoft Corp., Velocity
Research articles 2007-08-15
Commentary: Newsday's new day: Murdoch or consortium?
Unhappy with what many see as the steady hemorrhaging of quality journalism at the L.A. Times, a consortium of Los Angeles business and civic leaders are proposing to make a serious offer to purchase the paper from the Tribune Co.
Tags: Newsday
Research articles 2006-11-24
AMD Honored by the EDA Consortium for ASIC Design Using Silicon Perspective's First Encounter; Award to be Given Today at Luncheon Sponsored by EDA Consortium and EE Times
Business Editors
Tags: Advanced Micro Devices Inc.
Research articles 2000-06-05
ASP Industry Consortium Chairman Lauds IDC Study as Proof of Model's Benefits; ROI Study Distributed to All Members of Global Consortium
Business/Technology Editors
Tags: benefit, industry, International Data Corp., Microsoft ASP, ROI
Research articles 2001-10-10
Enron denies consortium link.(consortium that is planning a $2-billion pwer station in Arava, Israel)
U.S. energy giant, Enron, has refuted reports that it has joined an international consortium which is planning to establish a $2-billion power station in the Arava region. Representatives of the consortium recently held talks with Prime Minister ShimonU.S. energy giant, Enron, has refuted reports that it has...
Tags: consortium, Enron Corp.
Research articles 1996-03-24
LSI logic corp. joins Hyper Transport Consortium - The Circuit
LSI LOGIC CORP. LAST WEEK SAID IT HAS BECOME THE LATEST company to join the HyperTransport Technology Consortium. LSI Logic joins a number of high-profile companies as a member of the consortium supporting the emerging, open interconnect standard, including Advanced Micro Devices, Apple, Broadcom, Cisco, Nvidia, PMC-Sierra, Sun Microsystems and...
Tags: consortium, LSI Logic Corp.
Research articles 2002-01-21
U.S. Display Consortium Secures $25Million in New ARPA Funding; SEMI's Michael Ciesinski to succeed Peter Mills as CEO of consortium
WASHINGTON--BUSINESS WIRE--March 16, 1995--The United States Display Consortium USDC, a government/industry-backed effort aimed at establishing American leadership in critical information display technology, announced that it has received new funding of $25 million from the Advanced Research Projects Agency ARPA of the U.S. Department of Defense.
Tags: consortium, Semiconductor Equipment and Materials International
Research articles 1995-03-16
Consortium makes progress toward a materials information management system for aerospace.(ASM News)
The Materials Data Management Consortium MDMC had its third working meeting in January, at NASA Marshall Space Flight Center in Huntsville, Alabama. The consortium marked the start of its second year by welcoming new members Concurrent Technolog The Materials Data Management Consortium MDMC...
Tags: aerospace, consortium, NASA, software
Research articles 2004-04-01
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