Amadeus to develop e-commerce booking tool

MADRID -- Amadeus said it cut a deal with BroadVision, a leading purveyor of e-commerce technology, to develop a new generation of e-commerce tools for travel Web sites.

The two firms also will take equity stakes in each other, valued at a total of $10 million.

A key feature of the new e-commerce travel product, according to Amadeus, will be the ability of booking agents to "dynamically apply personalized client profile criteria" to search requests.

The product, which appears to have no name, will launch later this summer for business-to-business, business-to-consumer and business-to-employee environments.

The pair already are involved in a joint venture with Bank of America and Hewlett-Packard, offering travel management services using BroadVision's e-business applications and the Amadeus booking engine.

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