BNET Business Dictionary

Business Definition for: Strategic Alliance

  • an agreement between two or more organizations to cooperate in a specific business activity, so that each benefits from the strengths of the other, and gains competitive advantage. The formation of strategic alliances has been seen as a response to globalization and increasing uncertainty and complexity in the business environment. Strategic alliances involve the sharing of knowledge and expertise between partners as well as the reduction of risk and costs in areas such as relationships with suppliers and the development of new products and technologies. A strategic alliance is sometimes equated with a joint venture, but an alliance may involve competitors, and generally has a shorter life span. Strategic partnering is a closely related concept.

Additional Resources

Alliance commits to Vietnam: two-year contract.(Alliance Packaging and New Toyo International Holdings Ltd. form strategic alliance)(Nike Inc. contract for corporate box needs in Vietnam)(holding company Toyo Alliance Pte Ltd. formed and registered in Sin
Alliance Packaging, Renton, Wash., and New Toyo International Holdings Ltd., Singapore, are forming a strategic alliance that includes agreements to exchange technology and develop joint marketing and manufacturing projects. Their first customer is Alliance Packaging, Renton, Wash., and New Toyo International Holdings Ltd.,...
Tags: alliance, Nike Inc., strategic alliance
Research articles 2004-05-01
Northwest Airlines And KLM Royal Dutch Airlines Receive The Association Of Strategic Alliance Professionals' 2007 ASAP Individual Alliance Excellence Award; Airlines Honored for Developing and Utilizing Best Practices in Alliance Management.
M2 PRESSWIRE-9 February 2007-NORTHWEST AIRLINES: Northwest Airlines And KLM Royal Dutch Airlines Receive The Association Of Strategic Alliance Professionals' 2007 ASAP Individual Alliance Excellence Award; Airlines Honored for Developing and Utilizing Best Practices in Alliance ManagementC1994-2007 M2 COMMUNICATIONS LTD RDATE:08022007 ...
Tags: alliance, KLM, Northwest Airlines Corp., Strategy
Research articles 2007-02-09
CORRECTING and REPLACING Strategic Alliance Group, Inc. Agrees to Purchase GRP, Inc. to Be Known as Cruise Cam International, Inc
Business Editors/High-Tech Writers Correction...by Strategic Alliance Group, Inc. PALM CITY, Fla.--BUSINESS WIRE--April 21, 2004 In BW6237 issued April 20, 2004: Ticker symbol should read (Pink Sheets:SGCA) sted (Pink Sheets:STGE) The corrected release reads: STRATEGIC ALLIANCE GROUP, INC. AGREES TO PURCHASE GRP, INC. TO BE KNOWN...
Tags: camera, SALES, U.S. Department of Justice
Research articles 2004-04-21
Forming A Strategic Alliance - Key Issues
There are some key issues to look out for when drafting a Strategic Alliance Agreement. The most important provision to include, is a "No Partnership" provision. A strategic alliance is different in purpose and form than a partnership, and the agreement should expressly reflect the intentions of the parties not...
Tags: Strategic Alliance, Partnership, Business Structures, Strategy, Finance, Management
White papers 2009-01-01
ComnetiX, Integrated Biotmetric Announce Strategic Alliance
Wireless News 04-06-2005 ComnetiX, Integrated Biotmetric Announce Strategic Alliance WIRELESS NEWS-April 6, 2005-ComnetiX, Integrated Biotmetric Announce Strategic Alliance C2005 10Meters - http:// www.10meters.com ComnetiX Inc, a provider of biometric identification and authentication solutions, today announced a...
Tags: Comnetix Inc.
Research articles 2005-04-06
Tripos and Elsevier MDL Form Strategic Alliance
Wireless News 08-10-2005 Tripos and Elsevier MDL Form Strategic Alliance WIRELESS NEWS-August 10, 2005-Tripos and Elsevier MDL Form Strategic Alliance C2005 10Meters - http://www.10meters.com Tripo, a provider of chemistry-research products and services, and Elsevier MDL announced...
Tags: Tripos Inc.
Research articles 2005-08-10
DVDINSIDER: Sigma Forms Strategic Alliance With Envivio.com
DVD News 04-18-2001 DVDINSIDER: Sigma Forms Strategic Alliance With Envivio.com DVD NEWS-18 April 2001-DVDINSIDER: Sigma Forms Strategic Alliance With Envivio.com C1999-2001 DVD News. Distributed for AM Newswire Inc via M2 Communications Ltd (www.m2.com). Sigma Designs and Envivio.com Inc,...
Tags: Envivio Inc.
Research articles 2001-04-18
TopRight and Triton Value Partners Form Strategic Alliance
Extending their capabilities and network for accelerating client companies' growth plans ATLANTA -- TopRight, a leading strategic marketing consultancy, announced today the formation of a strategic alliance with Triton Value Partners, a premier private equity and strategic advisory group. As a result of this alliance, both TopRight and Triton...
Tags: Triton Corp.
Research articles 2008-09-16
Strategic Alliance in Life Sciences -- Deal Vectors that Deliver
In the life sciences industry, perhaps more so than in any other, financial success depends upon a company's ability to remain focused on the research and development of its products and technologies. To minimize distractions, most life sciences companies have learned the value of strategic alliances; that is, of forming...
Tags: Strategic Alliance, Life Science, Edwin Richard Rigsbee, Strategy, Management
White papers 2003-07-01
Hilton International, London, and EIH Limited, Mumbai, have announced a strategic alliance for co-branding hotels in India under the "Trident Hilton" brand.(Asia)(Brief Article)
Hilton International, London, and EIH Limited, Mumbai, have announced a strategic alliance for co-branding hotels in India under the "Trident Hilton" brand. The alliance covers nine hotels, including the flagship ... Hilton International, London, and EIH Limited, Mumbai, have announced a strategic alliance...
Tags: brand, Hilton Hotels Corp., strategic alliance
Research articles 2003-10-01
Authentication. (Technology Tools).(two-year global strategic alliance between Visa International and Vocent Solutions Inc.)(Brief Article)
Visa International and Vocent Solutions Inc., a provider of voice-print authentication solutions, have announced a two-year global strategic alliance. This alliance will facilitate new product development opportunities for Visa, utilizing Vocent's bi Visa International and Vocent Solutions Inc., a provider of voice-print authentication solutions, have...
Tags: authentication, strategic alliance, tool, Visa Inc.
Research articles 2002-12-01
ACUCORP/LOGICAL FORM STRATEGIC ALLIANCE.
Acucorp, Inc., San Diego, a worldwide developer of legacy application extension solutions, and Logical, an industry-leading information technology integration company, have formed a strategic alliance. The alliance, created as a result of Acucorp's C Acucorp, Inc., San Diego, a worldwide developer of legacy application extension...
Tags: strategic alliance
Research articles 2003-08-01
The Association of Strategic Alliance Professionals Presents the 2007 "ASAP Alliance Excellence Awards" to the Northwest Airlines/KLM Royal Dutch Airlines Alliance, the BT HP Alliance, P&G Pharmaceuticals and Royal Philips Electronics
BOSTON -- The Association of Strategic Alliance Professionals ASAP today announced the winners of its 2007 ASAP Alliance Excellence Awards at its annual Alliance Summit, held this year at San Francisco's Westin Airport Hotel February 7-9. Receiving this year's global awards are the Northwest Airlines/KLM Royal Dutch Airlines Alliance, the...
Tags: alliance, British Telecommunications, Philips Electronics N.V., Procter & Gamble Co.
Research articles 2007-02-08
Buzz Technologies, Inc Signs a Strategic Alliance Agreement to Accelerate Deployment of Buzz Technology & Services and Yahoo! and eBay Form Strategic Partnership.
M2 PRESSWIRE-26 May 2006-US Equity News: Buzz Technologies, Inc Signs a Strategic Alliance Agreement to Accelerate Deployment of Buzz Technology & Services and Yahoo! and eBay Form Strategic PartnershipC1994-2006 M2 COMMUNICATIONS LTD RDATE:26052006 City of Industry, CA - Internet Information providers...
Tags: eBay Inc., FINANCE, financial, Nasdaq Stock Market Inc., partnership, Strategy, Yahoo! Inc.
Research articles 2006-05-26
-SAS: SAS and Singapore Airlines to form strategic alliance.
M2 PRESSWIRE-19 October 1998-SAS: SAS and Singapore Airlines to form strategic alliance C1994-98 M2 COMMUNICATIONS LTD RDATE:161098 SAS and Singapore Airlines SIA announced today the formation of a strategic alliance that will provide passengers of both carriers with a wide range...
Tags: alliance, HARDWARE, SAS Institute, Semiconductor Industry Association, Semiconductors, Singapore Airlines
Research articles 1998-10-19
Testing Assumptions About Evaluating Strategic Alliance Performance
Researchers have used a variety of measures to evaluate strategic alliance performance. This paper uses data collected on performance of R&D consortia in the U.S. and of Spain-based equity and non-equity dyadic alliances to investigate empirically five basic assumptions made by strategic alliance researchers. It finds that while several assumptions...
Tags: Strategic Alliance, Performance, IESE School Of Business, Results, Strategy, Management
White papers 2003-11-01
AT JEC, Owens Corning and SP Systems Announce Strategic Alliance to Deliver High Performance Composites for the Automotive Industry.
The Automotive Solutions Business of Owens Corning and SP Systems on 28 March announced that the companies will form a strategic alliance to develop and commercialize certain high performance parts for specialty sports vehicles. The alliance will The Automotive Solutions Business of...
Tags: alliance, carbon fiber, Owens Corning, Sprint Communications, strategic alliance
Research articles 2001-04-02
PCS Wireless-Strategic Alliance With ADC Telecommunications
VANCOUVER, British Columbia--BUSINESS WIRE--Dec. 12, 1995-- PCS Wireless, Inc. announced today that it has signed a letter of intent providing for the formation of a strategic alliance with ADC Telecommunications, Inc. of Minneapolis. The formation of the alliance is conditional upon due diligence by both parties and the execution...
Tags: ADC Telecommunications Inc., PCS
Research articles 1995-12-12
Dow Corning forms high-tech alliance. (News).(strategic alliance with NeoPhotonics Corp.)(Brief Article)
DOW CORNING Corp. and Freemont, Calif.-based NeoPhotonics Corp. have formed a strategic alliance to develop the "next generation of photonic crystal technology." No financial agreements or terms were discussed by the partners, but they sa DOW CORNING Corp. and Freemont, Calif.-based NeoPhotonics Corp. ...
Tags: alliance, Corning Inc., strategic alliance, The Dow Chemical Co.
Research articles 2002-06-10
KPMG seals strategic alliance with IFS, BUSINESS TIMES
Business Times Malaysia 08-15-2001 KPMG Consulting Malaysia and IFS Malaysia Sdn Bhd yesterday sealed a strategic alliance with business solutions provider Industrial & Financial Systems IFS Malaysia Sdn Bhd. The alliance encom Business Times Malaysia ...
Tags: KPMG Consulting Inc., strategic alliance
Research articles 2001-08-15