
MicroStrategy Signs Software License Pact With FleetBoston
MicroStrategy
(MSTR)
, a business intelligence software provider, said it signed a "multimillion dollar" software license agreement with
FleetBoston
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( FBF).
The companies didn't disclose specific financial terms of the deal, which allows FleetBoston to use MicroStrategy's technology for customer relationship management. FleetBoston will also be able to view a customer's history of transactions and will use the software to enhance its corporate client relationships.
Shares of MicroStrategy gained 38 cents, or 2.4%, to $16.25 in recent
Nasdaq
trading. FleetBoston rose 9 cents, or 0.2%, to $42.08 in afternoon trading on the Big Board.